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¥14.4B and total debt of CN¥4.0B, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are CN¥32.7B and CN¥18.3B respectively. China Yongda Automobiles Services Holdings's EBIT is CN¥803.7M making its interest coverage ratio 2.8. It has cash and short-term investments of CN¥2.2B.
Key information
27.7%
Debt to equity ratio
CN¥3.99b
Debt
Interest coverage ratio | 2.8x |
Cash | CN¥2.24b |
Equity | CN¥14.40b |
Total liabilities | CN¥18.29b |
Total assets | CN¥32.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3669's short term assets (CN¥17.5B) exceed its short term liabilities (CN¥14.6B).
Long Term Liabilities: 3669's short term assets (CN¥17.5B) exceed its long term liabilities (CN¥3.7B).
Debt to Equity History and Analysis
Debt Level: 3669's net debt to equity ratio (12.2%) is considered satisfactory.
Reducing Debt: 3669's debt to equity ratio has reduced from 141.6% to 27.7% over the past 5 years.
Debt Coverage: 3669's debt is well covered by operating cash flow (45.9%).
Interest Coverage: 3669's interest payments on its debt are not well covered by EBIT (2.8x coverage).