Yeal Electric Balance Sheet Health
Financial Health criteria checks 6/6
Yeal Electric has a total shareholder equity of CN¥1.1B 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¥163.5M respectively. Yeal Electric's EBIT is CN¥40.1M making its interest coverage ratio -6.8. It has cash and short-term investments of CN¥287.3M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -6.8x |
| Cash | CN¥287.31m |
| Equity | CN¥1.13b |
| Total liabilities | CN¥163.51m |
| Total assets | CN¥1.30b |
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¥157.3M).
Long Term Liabilities: 300923's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥6.2M).
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 2.8%.
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.