Yue Da International Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Yue Da International Holdings has a total shareholder equity of CN¥445.5M and total debt of CN¥191.7M, which brings its debt-to-equity ratio to 43%. Its total assets and total liabilities are CN¥793.5M and CN¥348.0M respectively. Yue Da International Holdings's EBIT is CN¥38.8M making its interest coverage ratio 2.7. It has cash and short-term investments of CN¥11.0M.
Key information
43.0%
Debt to equity ratio
CN¥191.69m
Debt
| Interest coverage ratio | 2.7x |
| Cash | CN¥11.04m |
| Equity | CN¥445.47m |
| Total liabilities | CN¥348.00m |
| Total assets | CN¥793.47m |
Recent financial health updates
No updates
Recent updates
More Unpleasant Surprises Could Be In Store For Yue Da International Holdings Limited's (HKG:629) Shares After Tumbling 27%
Oct 17
Optimistic Investors Push Yue Da International Holdings Limited (HKG:629) Shares Up 26% But Growth Is Lacking
Sep 02Yue Da International Holdings Limited's (HKG:629) 29% Price Boost Is Out Of Tune With Earnings
Jun 03More Unpleasant Surprises Could Be In Store For Yue Da International Holdings Limited's (HKG:629) Shares After Tumbling 28%
Apr 10If EPS Growth Is Important To You, Yue Da International Holdings (HKG:629) Presents An Opportunity
Feb 20Investors Still Aren't Entirely Convinced By Yue Da International Holdings Limited's (HKG:629) Earnings Despite 39% Price Jump
Dec 28With EPS Growth And More, Yue Da International Holdings (HKG:629) Makes An Interesting Case
Oct 30Yue Da International Holdings (HKG:629) Share Prices Have Dropped 56% In The Last Three Years
Dec 29Financial Position Analysis
Short Term Liabilities: 629's short term assets (CN¥712.7M) exceed its short term liabilities (CN¥333.5M).
Long Term Liabilities: 629's short term assets (CN¥712.7M) exceed its long term liabilities (CN¥14.5M).
Debt to Equity History and Analysis
Debt Level: 629's net debt to equity ratio (40.6%) is considered high.
Reducing Debt: 629's debt to equity ratio has reduced from 107.2% to 43% over the past 5 years.
Debt Coverage: 629's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 629's interest payments on its debt are not well covered by EBIT (2.7x coverage).