YAPP Automotive Systems Balance Sheet Health
Financial Health criteria checks 6/6
YAPP Automotive Systems has a total shareholder equity of CN¥4.2B and total debt of CN¥54.8M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are CN¥6.4B and CN¥2.3B respectively. YAPP Automotive Systems's EBIT is CN¥627.1M making its interest coverage ratio -19.4. It has cash and short-term investments of CN¥1.7B.
Key information
1.3%
Debt to equity ratio
CN¥54.81m
Debt
Interest coverage ratio | -19.4x |
Cash | CN¥1.72b |
Equity | CN¥4.16b |
Total liabilities | CN¥2.26b |
Total assets | CN¥6.43b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 603013's short term assets (CN¥4.6B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 603013's short term assets (CN¥4.6B) exceed its long term liabilities (CN¥331.0M).
Debt to Equity History and Analysis
Debt Level: 603013 has more cash than its total debt.
Reducing Debt: 603013's debt to equity ratio has reduced from 42% to 1.3% over the past 5 years.
Debt Coverage: 603013's debt is well covered by operating cash flow (1662.2%).
Interest Coverage: 603013 earns more interest than it pays, so coverage of interest payments is not a concern.