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¥14.4B and total debt of CN¥7.8B, which brings its debt-to-equity ratio to 54.5%. Its total assets and total liabilities are CN¥29.1B and CN¥14.7B respectively. Yangtze Optical Fibre And Cable Limited's EBIT is CN¥678.3M making its interest coverage ratio -1.6. It has cash and short-term investments of CN¥4.9B.
Key information
54.5%
Debt to equity ratio
CN¥7.84b
Debt
Interest coverage ratio | -1.6x |
Cash | CN¥4.94b |
Equity | CN¥14.40b |
Total liabilities | CN¥14.74b |
Total assets | CN¥29.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601869's short term assets (CN¥14.6B) exceed its short term liabilities (CN¥9.1B).
Long Term Liabilities: 601869's short term assets (CN¥14.6B) exceed its long term liabilities (CN¥5.7B).
Debt to Equity History and Analysis
Debt Level: 601869's net debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: 601869's debt to equity ratio has increased from 13.1% to 54.5% over the past 5 years.
Debt Coverage: 601869's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: 601869 earns more interest than it pays, so coverage of interest payments is not a concern.