YY Group Holding Balance Sheet Health
Financial Health criteria checks 4/6
YY Group Holding has a total shareholder equity of $6.3M and total debt of $2.7M, which brings its debt-to-equity ratio to 43.1%. Its total assets and total liabilities are $13.0M and $6.7M respectively. YY Group Holding's EBIT is $986.0K making its interest coverage ratio 7.1. It has cash and short-term investments of $1.1M.
Key information
43.1%
Debt to equity ratio
US$2.72m
Debt
| Interest coverage ratio | 7.1x |
| Cash | US$1.08m |
| Equity | US$6.30m |
| Total liabilities | US$6.71m |
| Total assets | US$13.01m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YYGH's short term assets ($11.7M) exceed its short term liabilities ($5.7M).
Long Term Liabilities: YYGH's short term assets ($11.7M) exceed its long term liabilities ($1.1M).
Debt to Equity History and Analysis
Debt Level: YYGH's net debt to equity ratio (26%) is considered satisfactory.
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 (1.9%).
Interest Coverage: YYGH's interest payments on its debt are well covered by EBIT (7.1x coverage).