YingTong TelecommunicationLtd Balance Sheet Health
Financial Health criteria checks 3/6
YingTong TelecommunicationLtd has a total shareholder equity of CN¥893.5M and total debt of CN¥535.5M, which brings its debt-to-equity ratio to 59.9%. Its total assets and total liabilities are CN¥1.7B and CN¥851.9M respectively.
Key information
59.9%
Debt to equity ratio
CN¥535.45m
Debt
Interest coverage ratio | n/a |
Cash | CN¥420.04m |
Equity | CN¥893.52m |
Total liabilities | CN¥851.87m |
Total assets | CN¥1.75b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002861's short term assets (CN¥790.7M) exceed its short term liabilities (CN¥368.1M).
Long Term Liabilities: 002861's short term assets (CN¥790.7M) exceed its long term liabilities (CN¥483.8M).
Debt to Equity History and Analysis
Debt Level: 002861's net debt to equity ratio (12.9%) is considered satisfactory.
Reducing Debt: 002861's debt to equity ratio has increased from 0% to 59.9% over the past 5 years.
Debt Coverage: 002861's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: Insufficient data to determine if 002861's interest payments on its debt are well covered by EBIT.