Ningbo Yibin Electronic Technology Balance Sheet Health
Financial Health criteria checks 6/6
Ningbo Yibin Electronic Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥539.8M, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are CN¥3.2B and CN¥1.9B respectively. Ningbo Yibin Electronic Technology's EBIT is CN¥146.5M making its interest coverage ratio 19.7. It has cash and short-term investments of CN¥864.9M.
Key information
41.1%
Debt to equity ratio
CN¥539.79m
Debt
Interest coverage ratio | 19.7x |
Cash | CN¥864.90m |
Equity | CN¥1.31b |
Total liabilities | CN¥1.88b |
Total assets | CN¥3.20b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 001278's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 001278's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥202.0M).
Debt to Equity History and Analysis
Debt Level: 001278 has more cash than its total debt.
Reducing Debt: 001278's debt to equity ratio has reduced from 54% to 41.1% over the past 5 years.
Debt Coverage: 001278's debt is well covered by operating cash flow (68.5%).
Interest Coverage: 001278's interest payments on its debt are well covered by EBIT (19.7x coverage).