Yangtze Optical Fibre And Cable Limited Balance Sheet Health
Financial Health criteria checks 4/6
Yangtze Optical Fibre And Cable Limited has a total shareholder equity of CN¥14.5B and total debt of CN¥8.9B, which brings its debt-to-equity ratio to 60.9%. Its total assets and total liabilities are CN¥29.9B and CN¥15.3B respectively. Yangtze Optical Fibre And Cable Limited's EBIT is CN¥365.7M making its interest coverage ratio -1.2. It has cash and short-term investments of CN¥5.1B.
Key information
60.9%
Debt to equity ratio
CN¥8.85b
Debt
| Interest coverage ratio | -1.2x |
| Cash | CN¥5.14b |
| Equity | CN¥14.55b |
| Total liabilities | CN¥15.33b |
| Total assets | CN¥29.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YZOF.F's short term assets (CN¥15.0B) exceed its short term liabilities (CN¥8.4B).
Long Term Liabilities: YZOF.F's short term assets (CN¥15.0B) exceed its long term liabilities (CN¥6.9B).
Debt to Equity History and Analysis
Debt Level: YZOF.F's net debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: YZOF.F's debt to equity ratio has increased from 20.9% to 60.9% over the past 5 years.
Debt Coverage: YZOF.F's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: YZOF.F earns more interest than it pays, so coverage of interest payments is not a concern.