Zhejiang Yongtai TechnologyLtd Balance Sheet Health
Financial Health criteria checks 1/6
Zhejiang Yongtai TechnologyLtd has a total shareholder equity of CN¥3.4B and total debt of CN¥4.3B, which brings its debt-to-equity ratio to 126.7%. Its total assets and total liabilities are CN¥11.4B and CN¥8.0B respectively.
Key information
126.7%
Debt to equity ratio
CN¥4.33b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥913.68m |
| Equity | CN¥3.42b |
| Total liabilities | CN¥7.98b |
| Total assets | CN¥11.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Y83's short term assets (CN¥3.8B) do not cover its short term liabilities (CN¥6.2B).
Long Term Liabilities: Y83's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥1.8B).
Debt to Equity History and Analysis
Debt Level: Y83's net debt to equity ratio (100%) is considered high.
Reducing Debt: Y83's debt to equity ratio has increased from 60.8% to 126.7% over the past 5 years.
Debt Coverage: Y83's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if Y83's interest payments on its debt are well covered by EBIT.