Yangzhou Yangjie Electronic Technology Balance Sheet Health
Financial Health criteria checks 5/6
Yangzhou Yangjie Electronic Technology has a total shareholder equity of CN¥8.9B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are CN¥13.2B and CN¥4.3B respectively. Yangzhou Yangjie Electronic Technology's EBIT is CN¥670.3M making its interest coverage ratio -5.2. It has cash and short-term investments of CN¥3.8B.
Key information
18.8%
Debt to equity ratio
CN¥1.66b
Debt
Interest coverage ratio | -5.2x |
Cash | CN¥3.78b |
Equity | CN¥8.86b |
Total liabilities | CN¥4.31b |
Total assets | CN¥13.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300373's short term assets (CN¥6.8B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 300373's short term assets (CN¥6.8B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 300373 has more cash than its total debt.
Reducing Debt: 300373's debt to equity ratio has increased from 7.4% to 18.8% over the past 5 years.
Debt Coverage: 300373's debt is well covered by operating cash flow (58.5%).
Interest Coverage: 300373 earns more interest than it pays, so coverage of interest payments is not a concern.