Wuxi Huadong Heavy Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Wuxi Huadong Heavy Machinery has a total shareholder equity of CN¥1.4B and total debt of CN¥111.1M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are CN¥3.7B and CN¥2.3B respectively.
Key information
7.8%
Debt to equity ratio
CN¥111.05m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥604.96m |
| Equity | CN¥1.43b |
| Total liabilities | CN¥2.25b |
| Total assets | CN¥3.68b |
Recent financial health updates
Recent updates
What Wuxi Huadong Heavy Machinery Co., Ltd.'s (SZSE:002685) 36% Share Price Gain Is Not Telling You
Oct 15
Does Wuxi Huadong Heavy Machinery (SZSE:002685) Have A Healthy Balance Sheet?
Oct 08Wuxi Huadong Heavy Machinery Co., Ltd.'s (SZSE:002685) Price Is Out Of Tune With Revenues
Jul 19Some Confidence Is Lacking In Wuxi Huadong Heavy Machinery Co., Ltd.'s (SZSE:002685) P/S
Mar 01Financial Position Analysis
Short Term Liabilities: 002685's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 002685's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥163.3M).
Debt to Equity History and Analysis
Debt Level: 002685 has more cash than its total debt.
Reducing Debt: 002685's debt to equity ratio has reduced from 13.5% to 7.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 002685 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002685 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 25.2% per year.