Hangzhou Weiguang ElectronicLtd Balance Sheet Health
Financial Health criteria checks 6/6
Hangzhou Weiguang ElectronicLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.8B and CN¥275.3M respectively. Hangzhou Weiguang ElectronicLtd's EBIT is CN¥310.7M making its interest coverage ratio -19.3. It has cash and short-term investments of CN¥715.9M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -19.3x |
Cash | CN¥715.87m |
Equity | CN¥1.56b |
Total liabilities | CN¥275.29m |
Total assets | CN¥1.84b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002801's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥265.1M).
Long Term Liabilities: 002801's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥10.2M).
Debt to Equity History and Analysis
Debt Level: 002801 is debt free.
Reducing Debt: 002801 has no debt compared to 5 years ago when its debt to equity ratio was 3.1%.
Debt Coverage: 002801 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002801 has no debt, therefore coverage of interest payments is not a concern.