Ningbo Yibin Electronic Technology Balance Sheet Health
Financial Health criteria checks 5/6
Ningbo Yibin Electronic Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥670.4M, which brings its debt-to-equity ratio to 50.4%. Its total assets and total liabilities are CN¥3.3B and CN¥2.0B respectively. Ningbo Yibin Electronic Technology's EBIT is CN¥80.0M making its interest coverage ratio 10.2. It has cash and short-term investments of CN¥696.0M.
Key information
50.4%
Debt to equity ratio
CN¥670.41m
Debt
| Interest coverage ratio | 10.2x |
| Cash | CN¥696.03m |
| Equity | CN¥1.33b |
| Total liabilities | CN¥2.01b |
| Total assets | CN¥3.34b |
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¥1.5B).
Long Term Liabilities: 001278's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥494.9M).
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 102.3% to 50.4% over the past 5 years.
Debt Coverage: 001278's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: 001278's interest payments on its debt are well covered by EBIT (10.2x coverage).