Yongyue Science&TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Yongyue Science&TechnologyLtd has a total shareholder equity of CN¥475.3M and total debt of CN¥46.2M, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are CN¥572.3M and CN¥97.0M respectively.
Key information
9.7%
Debt to equity ratio
CN¥46.20m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥95.11m |
| Equity | CN¥475.32m |
| Total liabilities | CN¥97.01m |
| Total assets | CN¥572.33m |
Financial Position Analysis
Short Term Liabilities: 603879's short term assets (CN¥309.5M) exceed its short term liabilities (CN¥96.0M).
Long Term Liabilities: 603879's short term assets (CN¥309.5M) exceed its long term liabilities (CN¥968.2K).
Debt to Equity History and Analysis
Debt Level: 603879 has more cash than its total debt.
Reducing Debt: 603879's debt to equity ratio has increased from 4.7% to 9.7% over the past 5 years.
Debt Coverage: 603879's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 603879's interest payments on its debt are well covered by EBIT.