Yangzhou Yangjie Electronic Technology Balance Sheet Health
Financial Health criteria checks 5/6
Yangzhou Yangjie Electronic Technology has a total shareholder equity of CN¥8.8B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are CN¥13.7B and CN¥4.8B respectively. Yangzhou Yangjie Electronic Technology's EBIT is CN¥801.7M making its interest coverage ratio -40.1. It has cash and short-term investments of CN¥4.1B.
Key information
23.4%
Debt to equity ratio
CN¥2.07b
Debt
| Interest coverage ratio | -40.1x |
| Cash | CN¥4.08b |
| Equity | CN¥8.84b |
| Total liabilities | CN¥4.84b |
| Total assets | CN¥13.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YJET's short term assets (CN¥7.3B) exceed its short term liabilities (CN¥3.6B).
Long Term Liabilities: YJET's short term assets (CN¥7.3B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: YJET has more cash than its total debt.
Reducing Debt: YJET's debt to equity ratio has increased from 5.2% to 23.4% over the past 5 years.
Debt Coverage: YJET's debt is well covered by operating cash flow (66.3%).
Interest Coverage: YJET earns more interest than it pays, so coverage of interest payments is not a concern.