YDDL maintains a highly conservative capital structure with a negligible 0.04% debt-to-equity ratio, reflecting a reliance on internal funding for its capital-intensive smelting operations.
| Metric | Dec'24 | Dec'23 | Dec'22 |
|---|
| Total Current Assets | 24.75M | 10.01M | 18.6M |
| Cash & Short-Term Investments | 1.85M | 136.48K | 224.6K |
| Cash Only | 1.85M | 136.48K | 224.6K |
| Short-Term Investments | 0 | 0 | 0 |
| Accounts Receivable | 17.41M | 2.65M | 2.58M |
| Days Sales Outstanding | 118.83 | 23.46 | 21.16 |
| Inventory | 5.23M | 6.24M | 15.5M |
| Days Inventory Outstanding | 44.48 | 70.34 | 156.38 |
| Other Current Assets | 269.75K | 17.84K | 0 |
| Total Non-Current Assets | 11.77M | 13.45M | 10.46M |
| Property, Plant & Equipment | 11.61M | 13.27M | 10.26M |
| Fixed Asset Turnover | 4.61x | 3.11x | 4.34x |
| Goodwill | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 |
| Total Assets | 36.52M | 23.46M | 29.06M |
| Asset Turnover | 1.46x | 1.76x | 1.53x |
| Asset Growth % | 55.68% | -19.27% | - |
| Total Current Liabilities | 15.68M | 7.85M | 18.64M |
| Accounts Payable | 5.75M | 474.93K | 9.03M |
| Days Payables Outstanding | 48.95 | 5.35 | 91.12 |
| Short-Term Debt | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 611.28K | 5.14M |
| Other Current Liabilities | 0 | 0 | 0 |
| Current Ratio | 1.58x | 1.27x | 1.00x |
| Quick Ratio | 1.25x | 0.48x | 0.17x |
| Cash Conversion Cycle | 114.36 | 88.44 | 86.42 |
| Total Non-Current Liabilities | 91.9K | 548.68K | 1M |
| Long-Term Debt | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 433.21K | 839.52K |
| Deferred Tax Liabilities | 62.81K | 115.47K | 161.59K |
| Other Non-Current Liabilities | 29.09K | 0 | 0 |
| Total Liabilities | 15.77M | 8.4M | 19.64M |
| Total Debt | 785.07K | 889.78K | 930.3K |
| Net Debt | -1.06M | 753.31K | 705.7K |
| Debt / Equity | 0.04x | 0.06x | 0.10x |
| Debt / EBITDA | 0.09x | 0.11x | 0.13x |
| Net Debt / EBITDA | -0.12x | 0.09x | 0.10x |
| Interest Coverage | 16141.22x | - | - |
| Total Equity | 20.75M | 15.06M | 9.42M |
| Equity Growth % | 37.81% | 59.84% | - |
| Book Value per Share | 0.38 | 0.28 | 0.17 |
| Total Shareholders' Equity | 20.75M | 15.06M | 9.42M |
| Common Stock | 5.2K | 5.2K | 2K |
| Retained Earnings | 21.86M | 15.38M | 9.81M |
| Treasury Stock | 0 | 0 | 0 |
| Accumulated OCI | -1.5M | -714.33K | -783.86K |
| Minority Interest | 0 | 0 | 0 |
Liquidity and Working Capital
According to recent financial disclosures, YDDL has achieved a 29.54% year-over-year revenue expansion, yet this rapid growth trajectory appears to be straining the balance sheet as the company prioritizes throughput capacity over the accumulation of a robust cash buffer to support its industrial recycling operations.
The company's aggressive growth suggests a successful capture of market share within the Philippine industrial corridor. However, the lack of significant cash accumulation alongside this expansion implies that the business model is highly sensitive to the timing of cash conversion cycles, which may limit future strategic flexibility.
Based on reported figures, YDDL maintains a negligible 0.04% debt-to-equity ratio, which suggests that the firm relies almost exclusively on internal cash flow or parent company support rather than traditional credit markets to fund its capital-intensive smelting infrastructure and ongoing operational requirements.
While the absence of debt reduces interest rate sensitivity, it may also indicate limited access to external financing or a deliberate strategy to avoid debt covenants. Investors should monitor whether this reliance on internal funding remains sustainable if the company requires significant capital for regulatory compliance or furnace upgrades.
As reported in financial statements, YDDL holds only $1.8 million in cash against $53 million in annual revenue, a disparity that indicates a significant portion of capital is tied up in working capital, potentially leaving the firm vulnerable to sudden operational disruptions or unexpected market volatility.
The low cash-to-revenue ratio suggests that the company operates with a very thin margin for error regarding its liquidity. Any delay in receivables or a sudden spike in raw material procurement costs could necessitate immediate, potentially dilutive, or costly financing solutions to maintain daily operations.
Data provided indicates that the company's balance sheet is heavily exposed to commodity price fluctuations, as significant capital is tied up in raw scrap and finished goods inventory that are subject to LME price volatility and potential future write-downs not currently reflected in historical margins.
The concentration of operations in a single Bulacan facility creates an idiosyncratic risk where localized disruptions could lead to immediate inventory impairment. Investors should consider that the headline balance sheet strength may be overstated if the carrying value of inventory does not account for potential rapid declines in metal spot prices.
Quick answers to the most common questions about buying YDDL stock.
As of 2024, One and one Green Technologies. Inc (YDDL) had total assets of $36.5M including $24.8M in current assets.
One and one Green Technologies. Inc (YDDL) carries total debt of $0.8M, offset by $1.8M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
One and one Green Technologies. Inc (YDDL) has total shareholders' equity (book value) of $20.7M ($0.38 book value per share). Book value represents the net worth of the company belonging to common stock holders.
One and one Green Technologies. Inc (YDDL) reported a current ratio of 1.58x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.