Wuxi HyatechLtd Balance Sheet Health
Financial Health criteria checks 5/6
Wuxi HyatechLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥228.6M, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are CN¥1.8B and CN¥685.9M respectively. Wuxi HyatechLtd's EBIT is CN¥116.4M making its interest coverage ratio -657.8. It has cash and short-term investments of CN¥208.1M.
Key information
20.0%
Debt to equity ratio
CN¥228.62m
Debt
| Interest coverage ratio | -657.8x |
| Cash | CN¥208.11m |
| Equity | CN¥1.14b |
| Total liabilities | CN¥685.87m |
| Total assets | CN¥1.83b |
Recent financial health updates
Recent updates
Additional Considerations Required While Assessing Wuxi HyatechLtd's (SHSE:688510) Strong Earnings
Nov 01
Why Investors Shouldn't Be Surprised By Wuxi Hyatech Co.,Ltd.'s (SHSE:688510) 37% Share Price Surge
Oct 09Is Wuxi HyatechLtd (SHSE:688510) A Risky Investment?
Jun 26Wuxi HyatechLtd's (SHSE:688510) Solid Profits Have Weak Fundamentals
Apr 03Wuxi Hyatech Co.,Ltd.'s (SHSE:688510) Shares Climb 25% But Its Business Is Yet to Catch Up
Mar 13Financial Position Analysis
Short Term Liabilities: 688510's short term assets (CN¥789.5M) exceed its short term liabilities (CN¥601.9M).
Long Term Liabilities: 688510's short term assets (CN¥789.5M) exceed its long term liabilities (CN¥83.9M).
Debt to Equity History and Analysis
Debt Level: 688510's net debt to equity ratio (1.8%) is considered satisfactory.
Reducing Debt: 688510's debt to equity ratio has increased from 12.9% to 20% over the past 5 years.
Debt Coverage: 688510's debt is well covered by operating cash flow (54%).
Interest Coverage: 688510 earns more interest than it pays, so coverage of interest payments is not a concern.