Yangzijiang Shipbuilding (Holdings) Balance Sheet Health
Financial Health criteria checks 5/6
Yangzijiang Shipbuilding (Holdings) has a total shareholder equity of CN¥21.1B and total debt of CN¥5.6B, which brings its debt-to-equity ratio to 26.5%. Its total assets and total liabilities are CN¥40.9B and CN¥19.7B respectively. Yangzijiang Shipbuilding (Holdings)'s EBIT is CN¥4.8B making its interest coverage ratio -12.5. It has cash and short-term investments of CN¥16.6B.
Key information
26.5%
Debt to equity ratio
CN¥5.59b
Debt
| Interest coverage ratio | -12.5x |
| Cash | CN¥16.58b |
| Equity | CN¥21.14b |
| Total liabilities | CN¥19.72b |
| Total assets | CN¥40.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YSHL.F's short term assets (CN¥29.2B) exceed its short term liabilities (CN¥17.6B).
Long Term Liabilities: YSHL.F's short term assets (CN¥29.2B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: YSHL.F has more cash than its total debt.
Reducing Debt: YSHL.F's debt to equity ratio has increased from 13.6% to 26.5% over the past 5 years.
Debt Coverage: YSHL.F's debt is well covered by operating cash flow (142.5%).
Interest Coverage: YSHL.F earns more interest than it pays, so coverage of interest payments is not a concern.