Wave Cyber (Shanghai)Co Balance Sheet Health
Financial Health criteria checks 6/6
Wave Cyber (Shanghai)Co has a total shareholder equity of CN¥760.5M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥849.7M and CN¥89.2M respectively. Wave Cyber (Shanghai)Co's EBIT is CN¥39.2M making its interest coverage ratio 107.9. It has cash and short-term investments of CN¥67.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | 107.9x |
Cash | CN¥67.20m |
Equity | CN¥760.51m |
Total liabilities | CN¥89.23m |
Total assets | CN¥849.74m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688718's short term assets (CN¥263.0M) exceed its short term liabilities (CN¥79.7M).
Long Term Liabilities: 688718's short term assets (CN¥263.0M) exceed its long term liabilities (CN¥9.5M).
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 4.3%.
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.