JoyoungLtd Balance Sheet Health
Financial Health criteria checks 6/6
JoyoungLtd has a total shareholder equity of CN¥3.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥7.6B and CN¥4.0B respectively. JoyoungLtd's EBIT is CN¥257.2M making its interest coverage ratio -1.5. It has cash and short-term investments of CN¥2.9B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -1.5x |
Cash | CN¥2.92b |
Equity | CN¥3.62b |
Total liabilities | CN¥4.00b |
Total assets | CN¥7.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002242's short term assets (CN¥5.5B) exceed its short term liabilities (CN¥3.9B).
Long Term Liabilities: 002242's short term assets (CN¥5.5B) exceed its long term liabilities (CN¥58.1M).
Debt to Equity History and Analysis
Debt Level: 002242 is debt free.
Reducing Debt: 002242 had no debt 5 years ago.
Debt Coverage: 002242 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002242 has no debt, therefore coverage of interest payments is not a concern.