Qingdao Weflo Valve Balance Sheet Health
Financial Health criteria checks 5/6
Qingdao Weflo Valve has a total shareholder equity of CN¥847.7M and total debt of CN¥231.5M, which brings its debt-to-equity ratio to 27.3%. Its total assets and total liabilities are CN¥1.3B and CN¥440.7M respectively. Qingdao Weflo Valve's EBIT is CN¥124.4M making its interest coverage ratio -12.5. It has cash and short-term investments of CN¥562.5M.
Key information
27.3%
Debt to equity ratio
CN¥231.53m
Debt
| Interest coverage ratio | -12.5x |
| Cash | CN¥562.49m |
| Equity | CN¥847.71m |
| Total liabilities | CN¥440.73m |
| Total assets | CN¥1.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002871's short term assets (CN¥890.8M) exceed its short term liabilities (CN¥197.8M).
Long Term Liabilities: 002871's short term assets (CN¥890.8M) exceed its long term liabilities (CN¥242.9M).
Debt to Equity History and Analysis
Debt Level: 002871 has more cash than its total debt.
Reducing Debt: 002871's debt to equity ratio has increased from 0% to 27.3% over the past 5 years.
Debt Coverage: 002871's debt is well covered by operating cash flow (43.2%).
Interest Coverage: 002871 earns more interest than it pays, so coverage of interest payments is not a concern.