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¥986.8M, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are CN¥4.5B and CN¥2.7B respectively. Jiangsu Yawei Machine Tool's EBIT is CN¥49.3M making its interest coverage ratio -0.9. It has cash and short-term investments of CN¥1.2B.
Key information
53.8%
Debt to equity ratio
CN¥986.79m
Debt
Interest coverage ratio | -0.9x |
Cash | CN¥1.23b |
Equity | CN¥1.83b |
Total liabilities | CN¥2.69b |
Total assets | CN¥4.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002559's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 002559's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥289.3M).
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 0% to 53.8% over the past 5 years.
Debt Coverage: 002559's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: 002559 earns more interest than it pays, so coverage of interest payments is not a concern.