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¥14.8B and total debt of CN¥8.4B, which brings its debt-to-equity ratio to 57.1%. Its total assets and total liabilities are CN¥29.6B and CN¥14.9B respectively. Yangtze Optical Fibre And Cable Limited's EBIT is CN¥914.2M making its interest coverage ratio -11.7. It has cash and short-term investments of CN¥5.3B.
Key information
57.1%
Debt to equity ratio
CN¥8.44b
Debt
Interest coverage ratio | -11.7x |
Cash | CN¥5.31b |
Equity | CN¥14.77b |
Total liabilities | CN¥14.87b |
Total assets | CN¥29.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YZOF.F's short term assets (CN¥15.5B) exceed its short term liabilities (CN¥9.2B).
Long Term Liabilities: YZOF.F's short term assets (CN¥15.5B) exceed its long term liabilities (CN¥5.6B).
Debt to Equity History and Analysis
Debt Level: YZOF.F's net debt to equity ratio (21.2%) is considered satisfactory.
Reducing Debt: YZOF.F's debt to equity ratio has increased from 16.6% to 57.1% over the past 5 years.
Debt Coverage: YZOF.F's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: YZOF.F earns more interest than it pays, so coverage of interest payments is not a concern.