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¥4.1B, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are CN¥32.7B and CN¥18.3B respectively. China Yongda Automobiles Services Holdings's EBIT is CN¥845.0M making its interest coverage ratio 2.9. It has cash and short-term investments of CN¥2.2B.
Key information
28.3%
Debt to equity ratio
CN¥4.07b
Debt
Interest coverage ratio | 2.9x |
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: CYYH.F's short term assets (CN¥17.5B) exceed its short term liabilities (CN¥14.6B).
Long Term Liabilities: CYYH.F's short term assets (CN¥17.5B) exceed its long term liabilities (CN¥3.7B).
Debt to Equity History and Analysis
Debt Level: CYYH.F's net debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: CYYH.F's debt to equity ratio has reduced from 141.6% to 28.3% over the past 5 years.
Debt Coverage: CYYH.F's debt is well covered by operating cash flow (53.5%).
Interest Coverage: CYYH.F's interest payments on its debt are not well covered by EBIT (2.9x coverage).