Yangtze Optical Electronic Balance Sheet Health
Financial Health criteria checks 4/6
Yangtze Optical Electronic has a total shareholder equity of CN¥1.2B and total debt of CN¥37.1M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are CN¥1.3B and CN¥138.7M respectively. Yangtze Optical Electronic's EBIT is CN¥1.0M making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥642.7M.
Key information
3.1%
Debt to equity ratio
CN¥37.10m
Debt
| Interest coverage ratio | -0.1x |
| Cash | CN¥642.66m |
| Equity | CN¥1.19b |
| Total liabilities | CN¥138.65m |
| Total assets | CN¥1.33b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688143's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥95.5M).
Long Term Liabilities: 688143's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥43.2M).
Debt to Equity History and Analysis
Debt Level: 688143 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 688143's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688143's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688143 earns more interest than it pays, so coverage of interest payments is not a concern.