DongGuan YuTong Optical TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
DongGuan YuTong Optical TechnologyLtd has a total shareholder equity of CN¥2.0B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 100%. Its total assets and total liabilities are CN¥4.9B and CN¥2.9B respectively. DongGuan YuTong Optical TechnologyLtd's EBIT is CN¥141.0M making its interest coverage ratio 2.4. It has cash and short-term investments of CN¥743.1M.
Key information
100.0%
Debt to equity ratio
CN¥2.02b
Debt
Interest coverage ratio | 2.4x |
Cash | CN¥743.14m |
Equity | CN¥2.02b |
Total liabilities | CN¥2.88b |
Total assets | CN¥4.90b |
Financial Position Analysis
Short Term Liabilities: 300790's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 300790's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥871.0M).
Debt to Equity History and Analysis
Debt Level: 300790's net debt to equity ratio (63.3%) is considered high.
Reducing Debt: 300790's debt to equity ratio has increased from 48% to 100% over the past 5 years.
Debt Coverage: 300790's debt is well covered by operating cash flow (25.9%).
Interest Coverage: 300790's interest payments on its debt are not well covered by EBIT (2.4x coverage).