Wuhu Sanlian Forging Balance Sheet Health
Financial Health criteria checks 5/6
Wuhu Sanlian Forging has a total shareholder equity of CN¥1.5B and total debt of CN¥189.6M, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are CN¥2.1B and CN¥579.9M respectively. Wuhu Sanlian Forging's EBIT is CN¥148.2M making its interest coverage ratio -38.9. It has cash and short-term investments of CN¥120.8M.
Key information
12.5%
Debt to equity ratio
CN¥189.64m
Debt
| Interest coverage ratio | -38.9x |
| Cash | CN¥120.78m |
| Equity | CN¥1.51b |
| Total liabilities | CN¥579.91m |
| Total assets | CN¥2.09b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 001282's short term assets (CN¥996.8M) exceed its short term liabilities (CN¥506.7M).
Long Term Liabilities: 001282's short term assets (CN¥996.8M) exceed its long term liabilities (CN¥73.2M).
Debt to Equity History and Analysis
Debt Level: 001282's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 001282's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 001282's debt is well covered by operating cash flow (34.2%).
Interest Coverage: 001282 earns more interest than it pays, so coverage of interest payments is not a concern.