Yiren Digital Balance Sheet Health
Financial Health criteria checks 6/6
Yiren Digital has a total shareholder equity of CN¥8.1B and total debt of CN¥14.4M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥10.3B and CN¥2.2B respectively. Yiren Digital's EBIT is CN¥2.6B making its interest coverage ratio -32.1. It has cash and short-term investments of CN¥5.9B.
Key information
0.2%
Debt to equity ratio
CN¥14.41m
Debt
Interest coverage ratio | -32.1x |
Cash | CN¥5.87b |
Equity | CN¥8.09b |
Total liabilities | CN¥2.19b |
Total assets | CN¥10.28b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 19YA's short term assets (CN¥9.7B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 19YA's short term assets (CN¥9.7B) exceed its long term liabilities (CN¥645.5M).
Debt to Equity History and Analysis
Debt Level: 19YA has more cash than its total debt.
Reducing Debt: 19YA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 19YA's debt is well covered by operating cash flow (15061.8%).
Interest Coverage: 19YA earns more interest than it pays, so coverage of interest payments is not a concern.