Yangtze Optical Fibre And Cable Limited Balance Sheet Health
Financial Health criteria checks 4/6
Yangtze Optical Fibre And Cable Limited has a total shareholder equity of CN¥14.8B and total debt of CN¥9.4B, which brings its debt-to-equity ratio to 63.3%. Its total assets and total liabilities are CN¥30.6B and CN¥15.8B respectively. Yangtze Optical Fibre And Cable Limited's EBIT is CN¥551.7M making its interest coverage ratio -2.1. It has cash and short-term investments of CN¥4.8B.
Key information
63.3%
Debt to equity ratio
CN¥9.38b
Debt
| Interest coverage ratio | -2.1x |
| Cash | CN¥4.75b |
| Equity | CN¥14.81b |
| Total liabilities | CN¥15.81b |
| Total assets | CN¥30.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601869's short term assets (CN¥14.9B) exceed its short term liabilities (CN¥9.4B).
Long Term Liabilities: 601869's short term assets (CN¥14.9B) exceed its long term liabilities (CN¥6.4B).
Debt to Equity History and Analysis
Debt Level: 601869's net debt to equity ratio (31.2%) is considered satisfactory.
Reducing Debt: 601869's debt to equity ratio has increased from 10.3% to 63.3% over the past 5 years.
Debt Coverage: 601869's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: 601869 earns more interest than it pays, so coverage of interest payments is not a concern.