Jiangsu Wuyang Automation Control Technology Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Wuyang Automation Control Technology has a total shareholder equity of CN¥2.6B and total debt of CN¥101.1M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are CN¥3.5B and CN¥901.1M respectively. Jiangsu Wuyang Automation Control Technology's EBIT is CN¥19.4M making its interest coverage ratio -2.8. It has cash and short-term investments of CN¥745.3M.
Key information
4.0%
Debt to equity ratio
CN¥101.11m
Debt
Interest coverage ratio | -2.8x |
Cash | CN¥745.27m |
Equity | CN¥2.55b |
Total liabilities | CN¥901.10m |
Total assets | CN¥3.45b |
Financial Position Analysis
Short Term Liabilities: 300420's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥783.6M).
Long Term Liabilities: 300420's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥117.5M).
Debt to Equity History and Analysis
Debt Level: 300420 has more cash than its total debt.
Reducing Debt: 300420's debt to equity ratio has increased from 3.1% to 4% over the past 5 years.
Debt Coverage: 300420's debt is well covered by operating cash flow (212.6%).
Interest Coverage: 300420 earns more interest than it pays, so coverage of interest payments is not a concern.