Shanghai Yct Electronics GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Yct Electronics GroupLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 82.3%. Its total assets and total liabilities are CN¥2.7B and CN¥1.4B respectively. Shanghai Yct Electronics GroupLtd's EBIT is CN¥160.9M making its interest coverage ratio 5.2. It has cash and short-term investments of CN¥560.1M.
Key information
82.3%
Debt to equity ratio
CN¥1.06b
Debt
| Interest coverage ratio | 5.2x |
| Cash | CN¥560.05m |
| Equity | CN¥1.29b |
| Total liabilities | CN¥1.45b |
| Total assets | CN¥2.74b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 301099's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 301099's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥319.8M).
Debt to Equity History and Analysis
Debt Level: 301099's net debt to equity ratio (38.8%) is considered satisfactory.
Reducing Debt: 301099's debt to equity ratio has increased from 35.4% to 82.3% over the past 5 years.
Debt Coverage: 301099's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301099's interest payments on its debt are well covered by EBIT (5.2x coverage).