Yeal Electric Balance Sheet Health
Financial Health criteria checks 6/6
Yeal Electric has a total shareholder equity of CN¥1.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.3B and CN¥126.4M respectively. Yeal Electric's EBIT is CN¥40.0M making its interest coverage ratio -4.8. It has cash and short-term investments of CN¥339.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -4.8x |
Cash | CN¥339.76m |
Equity | CN¥1.16b |
Total liabilities | CN¥126.36m |
Total assets | CN¥1.29b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300923's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥119.3M).
Long Term Liabilities: 300923's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥7.1M).
Debt to Equity History and Analysis
Debt Level: 300923 is debt free.
Reducing Debt: 300923 has no debt compared to 5 years ago when its debt to equity ratio was 1%.
Debt Coverage: 300923 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300923 has no debt, therefore coverage of interest payments is not a concern.