Jiangsu Wuyang Automation Control Technology Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Wuyang Automation Control Technology has a total shareholder equity of CN¥2.5B and total debt of CN¥48.0M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are CN¥3.3B and CN¥813.9M respectively. Jiangsu Wuyang Automation Control Technology's EBIT is CN¥16.2M making its interest coverage ratio -1.8. It has cash and short-term investments of CN¥669.7M.
Key information
1.9%
Debt to equity ratio
CN¥48.04m
Debt
| Interest coverage ratio | -1.8x |
| Cash | CN¥669.65m |
| Equity | CN¥2.49b |
| Total liabilities | CN¥813.89m |
| Total assets | CN¥3.30b |
Recent financial health updates
No updates
Recent updates
Revenues Not Telling The Story For Jiangsu Wuyang Automation Control Technology Co., Ltd. (SZSE:300420) After Shares Rise 43%
Oct 08
Why Jiangsu Wuyang Automation Control Technology's (SZSE:300420) Soft Earnings Are Just The Beginning Of Its Problems
May 06Jiangsu Wuyang Parking Industry Group Co.,Ltd. (SZSE:300420) Surges 26% Yet Its Low P/S Is No Reason For Excitement
Mar 06Financial Position Analysis
Short Term Liabilities: 300420's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥708.1M).
Long Term Liabilities: 300420's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥105.8M).
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 reduced from 10.2% to 1.9% over the past 5 years.
Debt Coverage: 300420's debt is well covered by operating cash flow (432%).
Interest Coverage: 300420 earns more interest than it pays, so coverage of interest payments is not a concern.