Wuxi Smart Auto-Control Engineering Balance Sheet Health
Financial Health criteria checks 3/6
Wuxi Smart Auto-Control Engineering has a total shareholder equity of CN¥1.2B and total debt of CN¥752.0M, which brings its debt-to-equity ratio to 63.3%. Its total assets and total liabilities are CN¥2.4B and CN¥1.2B respectively. Wuxi Smart Auto-Control Engineering's EBIT is CN¥144.2M making its interest coverage ratio 6.5. It has cash and short-term investments of CN¥180.3M.
Key information
63.3%
Debt to equity ratio
CN¥752.03m
Debt
Interest coverage ratio | 6.5x |
Cash | CN¥180.27m |
Equity | CN¥1.19b |
Total liabilities | CN¥1.20b |
Total assets | CN¥2.38b |
Recent financial health updates
No updates
Recent updates
We Think You Should Be Aware Of Some Concerning Factors In Wuxi Smart Auto-Control Engineering's (SZSE:002877) Earnings
Apr 30If EPS Growth Is Important To You, Wuxi Smart Auto-Control Engineering (SZSE:002877) Presents An Opportunity
Mar 28Subdued Growth No Barrier To Wuxi Smart Auto-Control Engineering Co., Ltd. (SZSE:002877) With Shares Advancing 37%
Mar 04Slowing Rates Of Return At Wuxi Smart Auto-Control Engineering (SZSE:002877) Leave Little Room For Excitement
Feb 27Financial Position Analysis
Short Term Liabilities: 002877's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥852.8M).
Long Term Liabilities: 002877's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥342.4M).
Debt to Equity History and Analysis
Debt Level: 002877's net debt to equity ratio (48.2%) is considered high.
Reducing Debt: 002877's debt to equity ratio has increased from 17.6% to 63.3% over the past 5 years.
Debt Coverage: 002877's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002877's interest payments on its debt are well covered by EBIT (6.5x coverage).