Beijing WKW Automotive PartsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Beijing WKW Automotive PartsLtd has a total shareholder equity of CN¥4.2B and total debt of CN¥335.3M, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are CN¥5.2B and CN¥945.3M respectively. Beijing WKW Automotive PartsLtd's EBIT is CN¥531.7M making its interest coverage ratio -6.6. It has cash and short-term investments of CN¥513.0M.
Key information
8.0%
Debt to equity ratio
CN¥335.32m
Debt
Interest coverage ratio | -6.6x |
Cash | CN¥512.95m |
Equity | CN¥4.21b |
Total liabilities | CN¥945.33m |
Total assets | CN¥5.16b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 002662's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥907.4M).
Long Term Liabilities: 002662's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥38.0M).
Debt to Equity History and Analysis
Debt Level: 002662 has more cash than its total debt.
Reducing Debt: 002662's debt to equity ratio has reduced from 14.4% to 8% over the past 5 years.
Debt Coverage: 002662's debt is well covered by operating cash flow (212.9%).
Interest Coverage: 002662 earns more interest than it pays, so coverage of interest payments is not a concern.