Wuxi Lihu Balance Sheet Health
Financial Health criteria checks 5/6
Wuxi Lihu has a total shareholder equity of CN¥1.4B and total debt of CN¥470.6M, which brings its debt-to-equity ratio to 34.6%. Its total assets and total liabilities are CN¥2.2B and CN¥818.3M respectively. Wuxi Lihu's EBIT is CN¥82.4M making its interest coverage ratio 8.3. It has cash and short-term investments of CN¥150.0M.
Key information
34.6%
Debt to equity ratio
CN¥470.63m
Debt
| Interest coverage ratio | 8.3x |
| Cash | CN¥149.97m |
| Equity | CN¥1.36b |
| Total liabilities | CN¥818.28m |
| Total assets | CN¥2.18b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300694's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥755.6M).
Long Term Liabilities: 300694's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥62.7M).
Debt to Equity History and Analysis
Debt Level: 300694's net debt to equity ratio (23.6%) is considered satisfactory.
Reducing Debt: 300694's debt to equity ratio has reduced from 36.1% to 34.6% over the past 5 years.
Debt Coverage: 300694's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: 300694's interest payments on its debt are well covered by EBIT (8.3x coverage).