Liaoning Shidai WanhengLtd Balance Sheet Health
Financial Health criteria checks 6/6
Liaoning Shidai WanhengLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥260.9K, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are CN¥1.2B and CN¥156.5M respectively. Liaoning Shidai WanhengLtd's EBIT is CN¥45.9M making its interest coverage ratio -4.8. It has cash and short-term investments of CN¥576.1M.
Key information
0.02%
Debt to equity ratio
CN¥260.90k
Debt
Interest coverage ratio | -4.8x |
Cash | CN¥576.14m |
Equity | CN¥1.08b |
Total liabilities | CN¥156.45m |
Total assets | CN¥1.24b |
Recent financial health updates
No updates
Recent updates
Liaoning Shidai WanhengLtd's (SHSE:600241) Solid Earnings May Rest On Weak Foundations
Apr 25There's Been No Shortage Of Growth Recently For Liaoning Shidai WanhengLtd's (SHSE:600241) Returns On Capital
Apr 16Liaoning Shidai Wanheng Co.,Ltd.'s (SHSE:600241) Shares Climb 31% But Its Business Is Yet to Catch Up
Mar 08Financial Position Analysis
Short Term Liabilities: 600241's short term assets (CN¥826.9M) exceed its short term liabilities (CN¥151.3M).
Long Term Liabilities: 600241's short term assets (CN¥826.9M) exceed its long term liabilities (CN¥5.1M).
Debt to Equity History and Analysis
Debt Level: 600241 has more cash than its total debt.
Reducing Debt: 600241's debt to equity ratio has reduced from 26.1% to 0.02% over the past 5 years.
Debt Coverage: 600241's debt is well covered by operating cash flow (7457.6%).
Interest Coverage: 600241 earns more interest than it pays, so coverage of interest payments is not a concern.