Yiren Digital Balance Sheet Health
Financial Health criteria checks 6/6
Yiren Digital has a total shareholder equity of CN¥9.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥11.8B and CN¥2.9B respectively. Yiren Digital's EBIT is CN¥2.7B making its interest coverage ratio -25.2. It has cash and short-term investments of CN¥5.6B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -25.2x |
| Cash | CN¥5.58b |
| Equity | CN¥8.96b |
| Total liabilities | CN¥2.85b |
| Total assets | CN¥11.82b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YRD N's short term assets (CN¥11.3B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: YRD N's short term assets (CN¥11.3B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: YRD N is debt free.
Reducing Debt: YRD N had no debt 5 years ago.
Debt Coverage: YRD N has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: YRD N has no debt, therefore coverage of interest payments is not a concern.