Guangdong Yussen Energy Technology Balance Sheet Health
Financial Health criteria checks 4/6
Guangdong Yussen Energy Technology has a total shareholder equity of CN¥4.1B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 58.2%. Its total assets and total liabilities are CN¥7.6B and CN¥3.5B respectively. Guangdong Yussen Energy Technology's EBIT is CN¥392.0M making its interest coverage ratio -83.6. It has cash and short-term investments of CN¥873.0M.
Key information
58.2%
Debt to equity ratio
CN¥2.40b
Debt
| Interest coverage ratio | -83.6x |
| Cash | CN¥873.02m |
| Equity | CN¥4.12b |
| Total liabilities | CN¥3.49b |
| Total assets | CN¥7.61b |
Recent financial health updates
Recent updates
Guangdong Yussen Energy Technology (SZSE:002986) Posted Weak Earnings But There Is More To Worry About
Nov 06
Cautious Investors Not Rewarding Guangdong Yussen Energy Technology Co., Ltd.'s (SZSE:002986) Performance Completely
Sep 28Capital Allocation Trends At Guangdong Yussen Energy Technology (SZSE:002986) Aren't Ideal
Jul 17Here's Why Guangdong Yussen Energy Technology (SZSE:002986) Has A Meaningful Debt Burden
May 27Why Guangdong Yussen Energy Technology's (SZSE:002986) Healthy Earnings Aren’t As Good As They Seem
Apr 29Financial Position Analysis
Short Term Liabilities: 002986's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 002986's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 002986's net debt to equity ratio (37.1%) is considered satisfactory.
Reducing Debt: 002986's debt to equity ratio has increased from 3.3% to 58.2% over the past 5 years.
Debt Coverage: 002986's debt is not well covered by operating cash flow (14.5%).
Interest Coverage: 002986 earns more interest than it pays, so coverage of interest payments is not a concern.