Wuxi Xuelang Environmental Technology Balance Sheet Health
Financial Health criteria checks 2/6
Wuxi Xuelang Environmental Technology has a total shareholder equity of CN¥760.7M and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 150.5%. Its total assets and total liabilities are CN¥3.1B and CN¥2.4B respectively.
Key information
150.5%
Debt to equity ratio
CN¥1.15b
Debt
Interest coverage ratio | n/a |
Cash | CN¥303.98m |
Equity | CN¥760.75m |
Total liabilities | CN¥2.39b |
Total assets | CN¥3.15b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300385's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 300385's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥532.3M).
Debt to Equity History and Analysis
Debt Level: 300385's net debt to equity ratio (110.6%) is considered high.
Reducing Debt: 300385's debt to equity ratio has increased from 35.4% to 150.5% over the past 5 years.
Debt Coverage: 300385's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: Insufficient data to determine if 300385's interest payments on its debt are well covered by EBIT.