Hubei W-olf Photoelectric Technology Balance Sheet Health
Financial Health criteria checks 5/6
Hubei W-olf Photoelectric Technology has a total shareholder equity of CN¥1.8B and total debt of CN¥71.0M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are CN¥2.1B and CN¥278.5M respectively. Hubei W-olf Photoelectric Technology's EBIT is CN¥32.0M making its interest coverage ratio -0.7. It has cash and short-term investments of CN¥1.1B.
Key information
3.9%
Debt to equity ratio
CN¥71.04m
Debt
| Interest coverage ratio | -0.7x |
| Cash | CN¥1.12b |
| Equity | CN¥1.83b |
| Total liabilities | CN¥278.54m |
| Total assets | CN¥2.11b |
Recent financial health updates
No updates
Recent updates
Hubei W-olf Photoelectric Technology's (SZSE:002962) Promising Earnings May Rest On Soft Foundations
Nov 06
Investors Could Be Concerned With Hubei W-olf Photoelectric Technology's (SZSE:002962) Returns On Capital
Sep 28Getting In Cheap On Hubei W-olf Photoelectric Technology Co., Ltd. (SZSE:002962) Is Unlikely
Jul 19Hubei W-olf Photoelectric Technology Co., Ltd.'s (SZSE:002962) 31% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio
Apr 16Hubei W-olf Photoelectric Technology (SZSE:002962) May Have Issues Allocating Its Capital
Apr 08Financial Position Analysis
Short Term Liabilities: 002962's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥238.3M).
Long Term Liabilities: 002962's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥40.2M).
Debt to Equity History and Analysis
Debt Level: 002962 has more cash than its total debt.
Reducing Debt: 002962's debt to equity ratio has increased from 0.6% to 3.9% over the past 5 years.
Debt Coverage: 002962's debt is well covered by operating cash flow (108.9%).
Interest Coverage: 002962 earns more interest than it pays, so coverage of interest payments is not a concern.