Weichai Power Balance Sheet Health
Financial Health criteria checks 5/6
Weichai Power has a total shareholder equity of CN¥116.7B and total debt of CN¥65.2B, which brings its debt-to-equity ratio to 55.9%. Its total assets and total liabilities are CN¥338.8B and CN¥222.1B respectively. Weichai Power's EBIT is CN¥14.1B making its interest coverage ratio -122.5. It has cash and short-term investments of CN¥98.2B.
Key information
55.9%
Debt to equity ratio
CN¥65.21b
Debt
Interest coverage ratio | -122.5x |
Cash | CN¥98.16b |
Equity | CN¥116.68b |
Total liabilities | CN¥222.07b |
Total assets | CN¥338.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WI4's short term assets (CN¥202.8B) exceed its short term liabilities (CN¥147.3B).
Long Term Liabilities: WI4's short term assets (CN¥202.8B) exceed its long term liabilities (CN¥74.7B).
Debt to Equity History and Analysis
Debt Level: WI4 has more cash than its total debt.
Reducing Debt: WI4's debt to equity ratio has increased from 42.2% to 55.9% over the past 5 years.
Debt Coverage: WI4's debt is well covered by operating cash flow (45.3%).
Interest Coverage: WI4 earns more interest than it pays, so coverage of interest payments is not a concern.