YH Entertainment Group Balance Sheet Health
Financial Health criteria checks 5/6
YH Entertainment Group has a total shareholder equity of CN¥1.4B and total debt of CN¥253.9M, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are CN¥2.1B and CN¥690.5M respectively. YH Entertainment Group's EBIT is CN¥59.2M making its interest coverage ratio -1.5. It has cash and short-term investments of CN¥1.1B.
Key information
18.3%
Debt to equity ratio
CN¥253.87m
Debt
| Interest coverage ratio | -1.5x |
| Cash | CN¥1.06b |
| Equity | CN¥1.39b |
| Total liabilities | CN¥690.52m |
| Total assets | CN¥2.08b |
Recent financial health updates
These 4 Measures Indicate That YH Entertainment Group (HKG:2306) Is Using Debt Reasonably Well
Mar 28
Recent updates
YH Entertainment Group's (HKG:2306) Shares Lagging The Industry But So Is The Business
Aug 28The Market Doesn't Like What It Sees From YH Entertainment Group's (HKG:2306) Revenues Yet As Shares Tumble 26%
Apr 03These 4 Measures Indicate That YH Entertainment Group (HKG:2306) Is Using Debt Reasonably Well
Mar 28Financial Position Analysis
Short Term Liabilities: 2306's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥406.8M).
Long Term Liabilities: 2306's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥283.7M).
Debt to Equity History and Analysis
Debt Level: 2306 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2306's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2306's debt is well covered by operating cash flow (42.5%).
Interest Coverage: 2306 earns more interest than it pays, so coverage of interest payments is not a concern.