Wuhan Zhongyuan Huadian Science & TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Wuhan Zhongyuan Huadian Science & TechnologyLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥825.0K, which brings its debt-to-equity ratio to 0.06%. Its total assets and total liabilities are CN¥1.4B and CN¥155.8M respectively. Wuhan Zhongyuan Huadian Science & TechnologyLtd's EBIT is CN¥53.5M making its interest coverage ratio -1.5. It has cash and short-term investments of CN¥573.3M.
Key information
0.06%
Debt to equity ratio
CN¥825.03k
Debt
Interest coverage ratio | -1.5x |
Cash | CN¥573.27m |
Equity | CN¥1.27b |
Total liabilities | CN¥155.76m |
Total assets | CN¥1.43b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300018's short term assets (CN¥907.2M) exceed its short term liabilities (CN¥151.1M).
Long Term Liabilities: 300018's short term assets (CN¥907.2M) exceed its long term liabilities (CN¥4.7M).
Debt to Equity History and Analysis
Debt Level: 300018 has more cash than its total debt.
Reducing Debt: 300018's debt to equity ratio has reduced from 0.3% to 0.06% over the past 5 years.
Debt Coverage: 300018's debt is well covered by operating cash flow (15930.4%).
Interest Coverage: 300018 earns more interest than it pays, so coverage of interest payments is not a concern.