Wintao Communications Balance Sheet Health
Financial Health criteria checks 4/6
Wintao Communications has a total shareholder equity of CN¥1.9B and total debt of CN¥358.7M, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are CN¥3.0B and CN¥1.1B respectively. Wintao Communications's EBIT is CN¥61.9M making its interest coverage ratio 4.5. It has cash and short-term investments of CN¥393.9M.
Key information
18.4%
Debt to equity ratio
CN¥358.66m
Debt
| Interest coverage ratio | 4.5x |
| Cash | CN¥393.90m |
| Equity | CN¥1.95b |
| Total liabilities | CN¥1.09b |
| Total assets | CN¥3.03b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 301139's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥991.3M).
Long Term Liabilities: 301139's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥94.1M).
Debt to Equity History and Analysis
Debt Level: 301139 has more cash than its total debt.
Reducing Debt: 301139's debt to equity ratio has increased from 11.5% to 18.4% over the past 5 years.
Debt Coverage: 301139's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301139's interest payments on its debt are well covered by EBIT (4.5x coverage).