Wuxi Xuelang Environmental Technology Balance Sheet Health
Financial Health criteria checks 3/6
Wuxi Xuelang Environmental Technology has a total shareholder equity of CN¥626.8M and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 186.9%. Its total assets and total liabilities are CN¥3.0B and CN¥2.4B respectively.
Key information
186.9%
Debt to equity ratio
CN¥1.17b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥266.28m |
| Equity | CN¥626.84m |
| Total liabilities | CN¥2.41b |
| Total assets | CN¥3.04b |
Recent financial health updates
No updates
Recent updates
Wuxi Xuelang Environmental Technology Co., Ltd. (SZSE:300385) Surges 54% Yet Its Low P/S Is No Reason For Excitement
Oct 08
Wuxi Xuelang Environmental Technology Co., Ltd. (SZSE:300385) Shares Fly 28% But Investors Aren't Buying For Growth
Aug 19Insufficient Growth At Wuxi Xuelang Environmental Technology Co., Ltd. (SZSE:300385) Hampers Share Price
Jun 05Wuxi Xuelang Environmental Technology Co., Ltd. (SZSE:300385) Looks Inexpensive After Falling 29% But Perhaps Not Attractive Enough
Feb 26Financial Position Analysis
Short Term Liabilities: 300385's short term assets (CN¥1.9B) do not cover its short term liabilities (CN¥2.1B).
Long Term Liabilities: 300385's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥352.3M).
Debt to Equity History and Analysis
Debt Level: 300385's net debt to equity ratio (144.4%) is considered high.
Reducing Debt: 300385's debt to equity ratio has increased from 45.6% to 186.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 300385 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300385 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 2.1% per year.