Jiangsu Yoke Technology Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Yoke Technology has a total shareholder equity of CN¥8.8B and total debt of CN¥2.5B, which brings its debt-to-equity ratio to 28.4%. Its total assets and total liabilities are CN¥13.3B and CN¥4.5B respectively. Jiangsu Yoke Technology's EBIT is CN¥792.1M making its interest coverage ratio -85.4. It has cash and short-term investments of CN¥2.0B.
Key information
28.4%
Debt to equity ratio
CN¥2.50b
Debt
Interest coverage ratio | -85.4x |
Cash | CN¥1.95b |
Equity | CN¥8.82b |
Total liabilities | CN¥4.49b |
Total assets | CN¥13.31b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002409's short term assets (CN¥6.1B) exceed its short term liabilities (CN¥3.9B).
Long Term Liabilities: 002409's short term assets (CN¥6.1B) exceed its long term liabilities (CN¥591.6M).
Debt to Equity History and Analysis
Debt Level: 002409's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: 002409's debt to equity ratio has increased from 3.6% to 28.4% over the past 5 years.
Debt Coverage: 002409's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: 002409 earns more interest than it pays, so coverage of interest payments is not a concern.