Wuxi Best Precision Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Wuxi Best Precision Machinery has a total shareholder equity of CN¥3.0B 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¥529.7M respectively. Wuxi Best Precision Machinery's EBIT is CN¥276.1M making its interest coverage ratio -18.3. It has cash and short-term investments of CN¥897.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -18.3x |
| Cash | CN¥897.74m |
| Equity | CN¥3.03b |
| Total liabilities | CN¥529.74m |
| Total assets | CN¥3.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300580's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥295.0M).
Long Term Liabilities: 300580's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥234.8M).
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.