Wuxi Lead Intelligent EquipmentLTD Balance Sheet Health
Financial Health criteria checks 6/6
Wuxi Lead Intelligent EquipmentLTD has a total shareholder equity of CN¥12.4B and total debt of CN¥28.2M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥37.1B and CN¥24.7B respectively. Wuxi Lead Intelligent EquipmentLTD's EBIT is CN¥1.8B making its interest coverage ratio -21.6. It has cash and short-term investments of CN¥3.0B.
Key information
0.2%
Debt to equity ratio
CN¥28.23m
Debt
Interest coverage ratio | -21.6x |
Cash | CN¥2.98b |
Equity | CN¥12.41b |
Total liabilities | CN¥24.69b |
Total assets | CN¥37.09b |
Recent financial health updates
No updates
Recent updates
Wuxi Lead Intelligent Equipment CO.,LTD. Recorded A 14% Miss On Revenue: Analysts Are Revisiting Their Models
Apr 28What Does The Future Hold For Wuxi Lead Intelligent Equipment CO.,LTD. (SZSE:300450)? These Analysts Have Been Cutting Their Estimates
Apr 26Wuxi Lead Intelligent Equipment CO.,LTD.'s (SZSE:300450) Shares Lagging The Market But So Is The Business
Mar 18Financial Position Analysis
Short Term Liabilities: 300450's short term assets (CN¥32.4B) exceed its short term liabilities (CN¥24.3B).
Long Term Liabilities: 300450's short term assets (CN¥32.4B) exceed its long term liabilities (CN¥420.5M).
Debt to Equity History and Analysis
Debt Level: 300450 has more cash than its total debt.
Reducing Debt: 300450's debt to equity ratio has reduced from 20.9% to 0.2% over the past 5 years.
Debt Coverage: 300450's debt is well covered by operating cash flow (479.1%).
Interest Coverage: 300450 earns more interest than it pays, so coverage of interest payments is not a concern.