Wangli Security & Surveillance Product Balance Sheet Health
Financial Health criteria checks 4/6
Wangli Security & Surveillance Product has a total shareholder equity of CN¥1.7B and total debt of CN¥496.8M, which brings its debt-to-equity ratio to 29.1%. Its total assets and total liabilities are CN¥4.0B and CN¥2.3B respectively. Wangli Security & Surveillance Product's EBIT is CN¥283.3M making its interest coverage ratio 155.5. It has cash and short-term investments of CN¥226.0M.
Key information
29.1%
Debt to equity ratio
CN¥496.79m
Debt
Interest coverage ratio | 155.5x |
Cash | CN¥225.97m |
Equity | CN¥1.70b |
Total liabilities | CN¥2.26b |
Total assets | CN¥3.96b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 605268's short term assets (CN¥2.1B) do not cover its short term liabilities (CN¥2.2B).
Long Term Liabilities: 605268's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥56.6M).
Debt to Equity History and Analysis
Debt Level: 605268's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: 605268's debt to equity ratio has increased from 0% to 29.1% over the past 5 years.
Debt Coverage: 605268's debt is well covered by operating cash flow (22.8%).
Interest Coverage: 605268's interest payments on its debt are well covered by EBIT (155.5x coverage).