YY Group Holding Balance Sheet Health
Financial Health criteria checks 3/6
YY Group Holding has a total shareholder equity of $4.1M and total debt of $3.4M, which brings its debt-to-equity ratio to 81.6%. Its total assets and total liabilities are $10.7M and $6.5M respectively. YY Group Holding's EBIT is $1.4M making its interest coverage ratio 4.3. It has cash and short-term investments of $467.2K.
Key information
81.6%
Debt to equity ratio
US$3.38m
Debt
Interest coverage ratio | 4.3x |
Cash | US$467.24k |
Equity | US$4.14m |
Total liabilities | US$6.53m |
Total assets | US$10.67m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YYGH's short term assets ($10.2M) exceed its short term liabilities ($6.0M).
Long Term Liabilities: YYGH's short term assets ($10.2M) exceed its long term liabilities ($538.8K).
Debt to Equity History and Analysis
Debt Level: YYGH's net debt to equity ratio (70.3%) is considered high.
Reducing Debt: Insufficient data to determine if YYGH's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: YYGH's debt is not well covered by operating cash flow (1.5%).
Interest Coverage: YYGH's interest payments on its debt are well covered by EBIT (4.3x coverage).