Shanghai Yaoji Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Yaoji Technology has a total shareholder equity of CN¥3.5B and total debt of CN¥873.9M, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are CN¥5.3B and CN¥1.8B respectively. Shanghai Yaoji Technology's EBIT is CN¥706.4M making its interest coverage ratio -61.4. It has cash and short-term investments of CN¥1.2B.
Key information
25.1%
Debt to equity ratio
CN¥873.93m
Debt
Interest coverage ratio | -61.4x |
Cash | CN¥1.21b |
Equity | CN¥3.48b |
Total liabilities | CN¥1.77b |
Total assets | CN¥5.26b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 002605's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 002605's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥655.0M).
Debt to Equity History and Analysis
Debt Level: 002605 has more cash than its total debt.
Reducing Debt: 002605's debt to equity ratio has increased from 19.5% to 25.1% over the past 5 years.
Debt Coverage: 002605's debt is well covered by operating cash flow (42.9%).
Interest Coverage: 002605 earns more interest than it pays, so coverage of interest payments is not a concern.