Wuchan Zhongda GeronLtd Balance Sheet Health
Financial Health criteria checks 6/6
Wuchan Zhongda GeronLtd has a total shareholder equity of CN¥2.5B and total debt of CN¥535.6M, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are CN¥3.3B and CN¥708.4M respectively. Wuchan Zhongda GeronLtd's EBIT is CN¥179.9M making its interest coverage ratio 21.6. It has cash and short-term investments of CN¥895.5M.
Key information
21.0%
Debt to equity ratio
CN¥535.56m
Debt
Interest coverage ratio | 21.6x |
Cash | CN¥895.46m |
Equity | CN¥2.55b |
Total liabilities | CN¥708.41m |
Total assets | CN¥3.26b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002722's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥481.6M).
Long Term Liabilities: 002722's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥226.9M).
Debt to Equity History and Analysis
Debt Level: 002722 has more cash than its total debt.
Reducing Debt: 002722's debt to equity ratio has reduced from 42.5% to 21% over the past 5 years.
Debt Coverage: 002722's debt is well covered by operating cash flow (64.8%).
Interest Coverage: 002722's interest payments on its debt are well covered by EBIT (21.6x coverage).