Jiangxi Yuean Advanced MaterialsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Jiangxi Yuean Advanced MaterialsLtd has a total shareholder equity of CN¥726.6M and total debt of CN¥74.4M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are CN¥884.7M and CN¥158.1M respectively. Jiangxi Yuean Advanced MaterialsLtd's EBIT is CN¥80.9M making its interest coverage ratio -16.9. It has cash and short-term investments of CN¥180.5M.
Key information
10.2%
Debt to equity ratio
CN¥74.39m
Debt
| Interest coverage ratio | -16.9x |
| Cash | CN¥180.45m |
| Equity | CN¥726.58m |
| Total liabilities | CN¥158.09m |
| Total assets | CN¥884.67m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688786's short term assets (CN¥421.4M) exceed its short term liabilities (CN¥85.7M).
Long Term Liabilities: 688786's short term assets (CN¥421.4M) exceed its long term liabilities (CN¥72.4M).
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 reduced from 13.3% to 10.2% over the past 5 years.
Debt Coverage: 688786's debt is well covered by operating cash flow (90.8%).
Interest Coverage: 688786 earns more interest than it pays, so coverage of interest payments is not a concern.