Wuxi Best Precision Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Wuxi Best Precision Machinery has a total shareholder equity of CN¥2.9B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.6B and CN¥657.8M respectively. Wuxi Best Precision Machinery's EBIT is CN¥299.8M making its interest coverage ratio -72.7. It has cash and short-term investments of CN¥865.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -72.7x |
| Cash | CN¥865.73m |
| Equity | CN¥2.95b |
| Total liabilities | CN¥657.79m |
| Total assets | CN¥3.60b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300580's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥412.7M).
Long Term Liabilities: 300580's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥245.1M).
Debt to Equity History and Analysis
Debt Level: 300580 is debt free.
Reducing Debt: 300580 had no debt 5 years ago.
Debt Coverage: 300580 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300580 has no debt, therefore coverage of interest payments is not a concern.