Yangzijiang Shipbuilding (Holdings) Balance Sheet Health
Financial Health criteria checks 5/6
Yangzijiang Shipbuilding (Holdings) has a total shareholder equity of CN¥22.7B and total debt of CN¥6.0B, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are CN¥45.7B and CN¥23.0B respectively. Yangzijiang Shipbuilding (Holdings)'s EBIT is CN¥6.2B making its interest coverage ratio -12.4. It has cash and short-term investments of CN¥22.3B.
Key information
26.6%
Debt to equity ratio
CN¥6.05b
Debt
| Interest coverage ratio | -12.4x |
| Cash | CN¥22.26b |
| Equity | CN¥22.70b |
| Total liabilities | CN¥23.01b |
| Total assets | CN¥45.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YSHL.F's short term assets (CN¥33.6B) exceed its short term liabilities (CN¥19.7B).
Long Term Liabilities: YSHL.F's short term assets (CN¥33.6B) exceed its long term liabilities (CN¥3.3B).
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 17.2% to 26.6% over the past 5 years.
Debt Coverage: YSHL.F's debt is well covered by operating cash flow (217.7%).
Interest Coverage: YSHL.F earns more interest than it pays, so coverage of interest payments is not a concern.