CWB Automotive Electronics Balance Sheet Health
Financial Health criteria checks 6/6
CWB Automotive Electronics has a total shareholder equity of CN¥1.8B and total debt of CN¥105.8M, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are CN¥2.3B and CN¥456.7M respectively. CWB Automotive Electronics's EBIT is CN¥324.5M making its interest coverage ratio -531.1. It has cash and short-term investments of CN¥244.4M.
Key information
5.8%
Debt to equity ratio
CN¥105.84m
Debt
Interest coverage ratio | -531.1x |
Cash | CN¥244.36m |
Equity | CN¥1.82b |
Total liabilities | CN¥456.66m |
Total assets | CN¥2.28b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 605005's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥379.6M).
Long Term Liabilities: 605005's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥77.0M).
Debt to Equity History and Analysis
Debt Level: 605005 has more cash than its total debt.
Reducing Debt: 605005's debt to equity ratio has reduced from 23.8% to 5.8% over the past 5 years.
Debt Coverage: 605005's debt is well covered by operating cash flow (403.6%).
Interest Coverage: 605005 earns more interest than it pays, so coverage of interest payments is not a concern.