Wave Cyber (Shanghai)Co Balance Sheet Health
Financial Health criteria checks 6/6
Wave Cyber (Shanghai)Co has a total shareholder equity of CN¥763.6M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥865.0M and CN¥101.4M respectively. Wave Cyber (Shanghai)Co's EBIT is CN¥26.6M making its interest coverage ratio -13.4. It has cash and short-term investments of CN¥59.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -13.4x |
| Cash | CN¥59.74m |
| Equity | CN¥763.65m |
| Total liabilities | CN¥101.39m |
| Total assets | CN¥865.04m |
Recent financial health updates
No updates
Recent updates
What Wave Cyber (Shanghai)Co., Ltd.'s (SHSE:688718) 41% Share Price Gain Is Not Telling You
Oct 08
There Are Reasons To Feel Uneasy About Wave Cyber (Shanghai)Co's (SHSE:688718) Returns On Capital
Oct 02Wave Cyber (Shanghai)Co's (SHSE:688718) Problems Go Beyond Weak Profit
Sep 05More Unpleasant Surprises Could Be In Store For Wave Cyber (Shanghai)Co., Ltd.'s (SHSE:688718) Shares After Tumbling 26%
Jun 06Why Wave Cyber (Shanghai)Co., Ltd. (SHSE:688718) Could Be Worth Watching
Apr 18Why Investors Shouldn't Be Surprised By Wave Cyber (Shanghai)Co., Ltd.'s (SHSE:688718) 27% Share Price Surge
Mar 11Financial Position Analysis
Short Term Liabilities: 688718's short term assets (CN¥284.6M) exceed its short term liabilities (CN¥88.7M).
Long Term Liabilities: 688718's short term assets (CN¥284.6M) exceed its long term liabilities (CN¥12.7M).
Debt to Equity History and Analysis
Debt Level: 688718 is debt free.
Reducing Debt: 688718 has no debt compared to 5 years ago when its debt to equity ratio was 7%.
Debt Coverage: 688718 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688718 has no debt, therefore coverage of interest payments is not a concern.