YGSOFT Balance Sheet Health
Financial Health criteria checks 5/6
YGSOFT has a total shareholder equity of CN¥3.6B and total debt of CN¥5.0M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥4.2B and CN¥591.6M respectively. YGSOFT's EBIT is CN¥356.9M making its interest coverage ratio -42.7. It has cash and short-term investments of CN¥555.5M.
Key information
0.1%
Debt to equity ratio
CN¥5.00m
Debt
Interest coverage ratio | -42.7x |
Cash | CN¥555.52m |
Equity | CN¥3.61b |
Total liabilities | CN¥591.58m |
Total assets | CN¥4.20b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002063's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥524.7M).
Long Term Liabilities: 002063's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥66.8M).
Debt to Equity History and Analysis
Debt Level: 002063 has more cash than its total debt.
Reducing Debt: 002063's debt to equity ratio has reduced from 1.3% to 0.1% over the past 5 years.
Debt Coverage: 002063's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002063 earns more interest than it pays, so coverage of interest payments is not a concern.