JY Grandmark Holdings Balance Sheet Health
Financial Health criteria checks 4/6
JY Grandmark Holdings has a total shareholder equity of CN¥1.6B and total debt of CN¥3.4B, which brings its debt-to-equity ratio to 217.3%. Its total assets and total liabilities are CN¥10.3B and CN¥8.7B respectively.
Key information
217.3%
Debt to equity ratio
CN¥3.38b
Debt
Interest coverage ratio | n/a |
Cash | CN¥125.01m |
Equity | CN¥1.56b |
Total liabilities | CN¥8.75b |
Total assets | CN¥10.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JYG's short term assets (CN¥9.5B) exceed its short term liabilities (CN¥8.4B).
Long Term Liabilities: JYG's short term assets (CN¥9.5B) exceed its long term liabilities (CN¥334.2M).
Debt to Equity History and Analysis
Debt Level: JYG's net debt to equity ratio (209.2%) is considered high.
Reducing Debt: JYG's debt to equity ratio has increased from 116% to 217.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable JYG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: JYG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 20.5% per year.