Shenzhen United Winners Laser Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen United Winners Laser has a total shareholder equity of CN¥3.0B and total debt of CN¥225.5M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are CN¥7.0B and CN¥4.0B respectively. Shenzhen United Winners Laser's EBIT is CN¥264.0M making its interest coverage ratio -15.9. It has cash and short-term investments of CN¥1.4B.
Key information
7.5%
Debt to equity ratio
CN¥225.47m
Debt
| Interest coverage ratio | -15.9x |
| Cash | CN¥1.38b |
| Equity | CN¥3.01b |
| Total liabilities | CN¥3.96b |
| Total assets | CN¥6.98b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 688518's short term assets (CN¥6.0B) exceed its short term liabilities (CN¥3.9B).
Long Term Liabilities: 688518's short term assets (CN¥6.0B) exceed its long term liabilities (CN¥17.8M).
Debt to Equity History and Analysis
Debt Level: 688518 has more cash than its total debt.
Reducing Debt: 688518's debt to equity ratio has reduced from 18.5% to 7.5% over the past 5 years.
Debt Coverage: 688518's debt is well covered by operating cash flow (104.8%).
Interest Coverage: 688518 earns more interest than it pays, so coverage of interest payments is not a concern.