China Yongda Automobiles Services Holdings Balance Sheet Health
Financial Health criteria checks 5/6
China Yongda Automobiles Services Holdings has a total shareholder equity of CN¥14.3B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are CN¥30.3B and CN¥16.0B respectively. China Yongda Automobiles Services Holdings's EBIT is CN¥464.2M making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥1.7B.
Key information
24.2%
Debt to equity ratio
CN¥3.46b
Debt
| Interest coverage ratio | 1.7x |
| Cash | CN¥1.73b |
| Equity | CN¥14.31b |
| Total liabilities | CN¥16.01b |
| Total assets | CN¥30.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3669's short term assets (CN¥15.3B) exceed its short term liabilities (CN¥12.5B).
Long Term Liabilities: 3669's short term assets (CN¥15.3B) exceed its long term liabilities (CN¥3.5B).
Debt to Equity History and Analysis
Debt Level: 3669's net debt to equity ratio (12.1%) is considered satisfactory.
Reducing Debt: 3669's debt to equity ratio has reduced from 131.5% to 24.2% over the past 5 years.
Debt Coverage: 3669's debt is well covered by operating cash flow (41.4%).
Interest Coverage: 3669's interest payments on its debt are not well covered by EBIT (1.7x coverage).