Wuhan Xingtu Xinke ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Wuhan Xingtu Xinke ElectronicsLtd has a total shareholder equity of CN¥501.3M and total debt of CN¥40.0M, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are CN¥614.4M and CN¥113.0M respectively.
Key information
8.0%
Debt to equity ratio
CN¥40.04m
Debt
Interest coverage ratio | n/a |
Cash | CN¥95.20m |
Equity | CN¥501.34m |
Total liabilities | CN¥113.03m |
Total assets | CN¥614.37m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688081's short term assets (CN¥428.4M) exceed its short term liabilities (CN¥111.6M).
Long Term Liabilities: 688081's short term assets (CN¥428.4M) exceed its long term liabilities (CN¥1.5M).
Debt to Equity History and Analysis
Debt Level: 688081 has more cash than its total debt.
Reducing Debt: 688081's debt to equity ratio has increased from 5.7% to 8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 688081 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 688081 has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 18.5% each year.