Winstech Precision Holding Balance Sheet Health
Financial Health criteria checks 6/6
Winstech Precision Holding has a total shareholder equity of CN¥1.3B and total debt of CN¥11.6M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are CN¥1.6B and CN¥362.4M respectively. Winstech Precision Holding's EBIT is CN¥107.3M making its interest coverage ratio -21.8. It has cash and short-term investments of CN¥411.3M.
Key information
0.9%
Debt to equity ratio
CN¥11.64m
Debt
| Interest coverage ratio | -21.8x |
| Cash | CN¥411.34m |
| Equity | CN¥1.27b |
| Total liabilities | CN¥362.37m |
| Total assets | CN¥1.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 001319's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥345.8M).
Long Term Liabilities: 001319's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥16.6M).
Debt to Equity History and Analysis
Debt Level: 001319 has more cash than its total debt.
Reducing Debt: 001319's debt to equity ratio has reduced from 14.4% to 0.9% over the past 5 years.
Debt Coverage: 001319's debt is well covered by operating cash flow (629.4%).
Interest Coverage: 001319 earns more interest than it pays, so coverage of interest payments is not a concern.