Windey Energy Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
Windey Energy Technology Group has a total shareholder equity of CN¥5.3B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 38.5%. Its total assets and total liabilities are CN¥32.9B and CN¥27.5B respectively. Windey Energy Technology Group's EBIT is CN¥317.8M making its interest coverage ratio -4.1. It has cash and short-term investments of CN¥4.0B.
Key information
38.5%
Debt to equity ratio
CN¥2.06b
Debt
Interest coverage ratio | -4.1x |
Cash | CN¥3.95b |
Equity | CN¥5.35b |
Total liabilities | CN¥27.50b |
Total assets | CN¥32.85b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300772's short term assets (CN¥21.2B) do not cover its short term liabilities (CN¥23.5B).
Long Term Liabilities: 300772's short term assets (CN¥21.2B) exceed its long term liabilities (CN¥4.0B).
Debt to Equity History and Analysis
Debt Level: 300772 has more cash than its total debt.
Reducing Debt: 300772's debt to equity ratio has reduced from 46% to 38.5% over the past 5 years.
Debt Coverage: 300772's debt is well covered by operating cash flow (105.1%).
Interest Coverage: 300772 earns more interest than it pays, so coverage of interest payments is not a concern.