Jiangsu Yawei Machine Tool Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Yawei Machine Tool has a total shareholder equity of CN¥1.8B and total debt of CN¥967.2M, which brings its debt-to-equity ratio to 52.8%. Its total assets and total liabilities are CN¥4.7B and CN¥2.8B respectively. Jiangsu Yawei Machine Tool's EBIT is CN¥26.5M making its interest coverage ratio -0.5. It has cash and short-term investments of CN¥1.1B.
Key information
52.8%
Debt to equity ratio
CN¥967.24m
Debt
| Interest coverage ratio | -0.5x |
| Cash | CN¥1.11b |
| Equity | CN¥1.83b |
| Total liabilities | CN¥2.84b |
| Total assets | CN¥4.68b |
Recent financial health updates
Recent updates
Shareholders Can Be Confident That Jiangsu Yawei Machine Tool's (SZSE:002559) Earnings Are High Quality
Nov 04
There's Reason For Concern Over Jiangsu Yawei Machine Tool Co., Ltd.'s (SZSE:002559) Massive 26% Price Jump
Oct 28Is Jiangsu Yawei Machine Tool (SZSE:002559) A Risky Investment?
Sep 30Subdued Growth No Barrier To Jiangsu Yawei Machine Tool Co., Ltd.'s (SZSE:002559) Price
Aug 01Solid Earnings Reflect Jiangsu Yawei Machine Tool's (SZSE:002559) Strength As A Business
Apr 19Jiangsu Yawei Machine Tool Co., Ltd.'s (SZSE:002559) P/S Is Still On The Mark Following 28% Share Price Bounce
Mar 04Jiangsu Yawei Machine Tool (SZSE:002559) Could Be Struggling To Allocate Capital
Feb 28Financial Position Analysis
Short Term Liabilities: 002559's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 002559's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥505.3M).
Debt to Equity History and Analysis
Debt Level: 002559 has more cash than its total debt.
Reducing Debt: 002559's debt to equity ratio has increased from 8% to 52.8% over the past 5 years.
Debt Coverage: 002559's debt is not well covered by operating cash flow (3.5%).
Interest Coverage: 002559 earns more interest than it pays, so coverage of interest payments is not a concern.