Qingdao Weflo Valve Balance Sheet Health
Financial Health criteria checks 6/6
Qingdao Weflo Valve has a total shareholder equity of CN¥774.1M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥974.6M and CN¥200.5M respectively. Qingdao Weflo Valve's EBIT is CN¥120.0M making its interest coverage ratio -11.1. It has cash and short-term investments of CN¥354.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -11.1x |
| Cash | CN¥354.15m |
| Equity | CN¥774.12m |
| Total liabilities | CN¥200.51m |
| Total assets | CN¥974.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002871's short term assets (CN¥618.9M) exceed its short term liabilities (CN¥189.1M).
Long Term Liabilities: 002871's short term assets (CN¥618.9M) exceed its long term liabilities (CN¥11.4M).
Debt to Equity History and Analysis
Debt Level: 002871 is debt free.
Reducing Debt: 002871 had no debt 5 years ago.
Debt Coverage: 002871 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002871 has no debt, therefore coverage of interest payments is not a concern.