Wuxi Huaguang Environment & Energy GroupLtd Balance Sheet Health
Financial Health criteria checks 3/6
Wuxi Huaguang Environment & Energy GroupLtd has a total shareholder equity of CN¥10.5B and total debt of CN¥7.8B, which brings its debt-to-equity ratio to 73.8%. Its total assets and total liabilities are CN¥26.2B and CN¥15.7B respectively. Wuxi Huaguang Environment & Energy GroupLtd's EBIT is CN¥808.7M making its interest coverage ratio 3722.6. It has cash and short-term investments of CN¥3.1B.
Key information
73.8%
Debt to equity ratio
CN¥7.76b
Debt
Interest coverage ratio | 3722.6x |
Cash | CN¥3.13b |
Equity | CN¥10.52b |
Total liabilities | CN¥15.66b |
Total assets | CN¥26.18b |
Recent financial health updates
Recent updates
Wuxi Huaguang Environment & Energy GroupLtd's (SHSE:600475) Problems Go Beyond Weak Profit
May 03Wuxi Huaguang Environment & Energy Group Co.,Ltd. (SHSE:600475) Stock Catapults 27% Though Its Price And Business Still Lag The Market
Mar 04Is Wuxi Huaguang Environment & Energy GroupLtd (SHSE:600475) A Risky Investment?
Feb 27Financial Position Analysis
Short Term Liabilities: 600475's short term assets (CN¥10.4B) exceed its short term liabilities (CN¥9.6B).
Long Term Liabilities: 600475's short term assets (CN¥10.4B) exceed its long term liabilities (CN¥6.1B).
Debt to Equity History and Analysis
Debt Level: 600475's net debt to equity ratio (44%) is considered high.
Reducing Debt: 600475's debt to equity ratio has increased from 29.8% to 73.8% over the past 5 years.
Debt Coverage: 600475's debt is not well covered by operating cash flow (3.8%).
Interest Coverage: 600475's interest payments on its debt are well covered by EBIT (3722.6x coverage).