West Shanghai Automotive ServiceLtd Balance Sheet Health
Financial Health criteria checks 6/6
West Shanghai Automotive ServiceLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥235.0M, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are CN¥2.7B and CN¥1.2B respectively. West Shanghai Automotive ServiceLtd's EBIT is CN¥97.9M making its interest coverage ratio -10.8. It has cash and short-term investments of CN¥732.8M.
Key information
15.8%
Debt to equity ratio
CN¥235.00m
Debt
| Interest coverage ratio | -10.8x |
| Cash | CN¥732.76m |
| Equity | CN¥1.48b |
| Total liabilities | CN¥1.19b |
| Total assets | CN¥2.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 605151's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥930.7M).
Long Term Liabilities: 605151's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥259.1M).
Debt to Equity History and Analysis
Debt Level: 605151 has more cash than its total debt.
Reducing Debt: 605151's debt to equity ratio has reduced from 17.5% to 15.8% over the past 5 years.
Debt Coverage: 605151's debt is well covered by operating cash flow (29.2%).
Interest Coverage: 605151 earns more interest than it pays, so coverage of interest payments is not a concern.