Wuxi Chemical Equipment Balance Sheet Health
Financial Health criteria checks 6/6
Wuxi Chemical Equipment has a total shareholder equity of CN¥2.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.3B and CN¥1.1B respectively. Wuxi Chemical Equipment's EBIT is CN¥133.7M making its interest coverage ratio -4.3. It has cash and short-term investments of CN¥1.3B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -4.3x |
| Cash | CN¥1.30b |
| Equity | CN¥2.17b |
| Total liabilities | CN¥1.14b |
| Total assets | CN¥3.31b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 001332's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 001332's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥32.2M).
Debt to Equity History and Analysis
Debt Level: 001332 is debt free.
Reducing Debt: 001332 had no debt 5 years ago.
Debt Coverage: 001332 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 001332 has no debt, therefore coverage of interest payments is not a concern.