Wintao Communications Balance Sheet Health
Financial Health criteria checks 5/6
Wintao Communications has a total shareholder equity of CN¥1.9B and total debt of CN¥201.6M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are CN¥2.8B and CN¥898.2M respectively. Wintao Communications's EBIT is CN¥39.0M making its interest coverage ratio -22.6. It has cash and short-term investments of CN¥480.0M.
Key information
10.5%
Debt to equity ratio
CN¥201.63m
Debt
Interest coverage ratio | -22.6x |
Cash | CN¥479.96m |
Equity | CN¥1.92b |
Total liabilities | CN¥898.15m |
Total assets | CN¥2.82b |
Financial Position Analysis
Short Term Liabilities: 301139's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥852.5M).
Long Term Liabilities: 301139's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥45.7M).
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 reduced from 13.5% to 10.5% over the past 5 years.
Debt Coverage: 301139's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301139 earns more interest than it pays, so coverage of interest payments is not a concern.