DongGuan YuTong Optical TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
DongGuan YuTong Optical TechnologyLtd has a total shareholder equity of CN¥1.9B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 130.2%. Its total assets and total liabilities are CN¥5.1B and CN¥3.2B respectively. DongGuan YuTong Optical TechnologyLtd's EBIT is CN¥229.5M making its interest coverage ratio 3.4. It has cash and short-term investments of CN¥651.9M.
Key information
130.2%
Debt to equity ratio
CN¥2.42b
Debt
| Interest coverage ratio | 3.4x |
| Cash | CN¥651.91m |
| Equity | CN¥1.86b |
| Total liabilities | CN¥3.20b |
| Total assets | CN¥5.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300790's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 300790's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 300790's net debt to equity ratio (95.2%) is considered high.
Reducing Debt: 300790's debt to equity ratio has increased from 23.6% to 130.2% over the past 5 years.
Debt Coverage: 300790's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: 300790's interest payments on its debt are well covered by EBIT (3.4x coverage).