Warom Technology Balance Sheet Health
Financial Health criteria checks 5/6
Warom Technology has a total shareholder equity of CN¥2.1B and total debt of CN¥141.6M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are CN¥4.6B and CN¥2.5B respectively. Warom Technology's EBIT is CN¥512.7M making its interest coverage ratio -55.3. It has cash and short-term investments of CN¥984.8M.
Key information
6.8%
Debt to equity ratio
CN¥141.62m
Debt
Interest coverage ratio | -55.3x |
Cash | CN¥984.76m |
Equity | CN¥2.07b |
Total liabilities | CN¥2.51b |
Total assets | CN¥4.58b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 603855's short term assets (CN¥3.7B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 603855's short term assets (CN¥3.7B) exceed its long term liabilities (CN¥25.2M).
Debt to Equity History and Analysis
Debt Level: 603855 has more cash than its total debt.
Reducing Debt: 603855's debt to equity ratio has increased from 3.5% to 6.8% over the past 5 years.
Debt Coverage: 603855's debt is well covered by operating cash flow (389.6%).
Interest Coverage: 603855 earns more interest than it pays, so coverage of interest payments is not a concern.