CWB Automotive Electronics Balance Sheet Health
Financial Health criteria checks 6/6
CWB Automotive Electronics has a total shareholder equity of CN¥1.8B and total debt of CN¥112.2M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are CN¥2.3B and CN¥485.4M respectively. CWB Automotive Electronics's EBIT is CN¥294.7M making its interest coverage ratio 294.1. It has cash and short-term investments of CN¥246.2M.
Key information
6.2%
Debt to equity ratio
CN¥112.24m
Debt
| Interest coverage ratio | 294.1x |
| Cash | CN¥246.22m |
| Equity | CN¥1.81b |
| Total liabilities | CN¥485.36m |
| Total assets | CN¥2.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 605005's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥388.1M).
Long Term Liabilities: 605005's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥97.3M).
Debt to Equity History and Analysis
Debt Level: 605005 has more cash than its total debt.
Reducing Debt: 605005's debt to equity ratio has reduced from 18.5% to 6.2% over the past 5 years.
Debt Coverage: 605005's debt is well covered by operating cash flow (426.4%).
Interest Coverage: 605005's interest payments on its debt are well covered by EBIT (294.1x coverage).