Jiangxi Yuean Advanced MaterialsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Jiangxi Yuean Advanced MaterialsLtd has a total shareholder equity of CN¥715.4M and total debt of CN¥58.0M, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are CN¥890.4M and CN¥175.0M respectively. Jiangxi Yuean Advanced MaterialsLtd's EBIT is CN¥81.9M making its interest coverage ratio -23.2. It has cash and short-term investments of CN¥97.4M.
Key information
8.1%
Debt to equity ratio
CN¥58.01m
Debt
| Interest coverage ratio | -23.2x |
| Cash | CN¥97.41m |
| Equity | CN¥715.43m |
| Total liabilities | CN¥174.96m |
| Total assets | CN¥890.39m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688786's short term assets (CN¥371.3M) exceed its short term liabilities (CN¥115.6M).
Long Term Liabilities: 688786's short term assets (CN¥371.3M) exceed its long term liabilities (CN¥59.4M).
Debt to Equity History and Analysis
Debt Level: 688786 has more cash than its total debt.
Reducing Debt: 688786's debt to equity ratio has increased from 7.1% to 8.1% over the past 5 years.
Debt Coverage: 688786's debt is well covered by operating cash flow (120.8%).
Interest Coverage: 688786 earns more interest than it pays, so coverage of interest payments is not a concern.