WELLE Environmental GroupLtd Balance Sheet Health
Financial Health criteria checks 2/6
WELLE Environmental GroupLtd has a total shareholder equity of CN¥3.6B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 79.3%. Its total assets and total liabilities are CN¥8.5B and CN¥4.8B respectively.
Key information
79.3%
Debt to equity ratio
CN¥2.89b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥553.08m |
| Equity | CN¥3.65b |
| Total liabilities | CN¥4.83b |
| Total assets | CN¥8.48b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300190's short term assets (CN¥4.1B) exceed its short term liabilities (CN¥2.9B).
Long Term Liabilities: 300190's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 300190's net debt to equity ratio (64.1%) is considered high.
Reducing Debt: 300190's debt to equity ratio has increased from 46.9% to 79.3% over the past 5 years.
Debt Coverage: 300190's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: Insufficient data to determine if 300190's interest payments on its debt are well covered by EBIT.