Weima Agricultural MachineryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Weima Agricultural MachineryLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.3B and CN¥231.6M respectively. Weima Agricultural MachineryLtd's EBIT is CN¥67.3M making its interest coverage ratio -3.3. It has cash and short-term investments of CN¥790.3M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -3.3x |
| Cash | CN¥790.25m |
| Equity | CN¥1.12b |
| Total liabilities | CN¥231.62m |
| Total assets | CN¥1.35b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301533's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥221.2M).
Long Term Liabilities: 301533's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥10.4M).
Debt to Equity History and Analysis
Debt Level: 301533 is debt free.
Reducing Debt: 301533 had no debt 5 years ago.
Debt Coverage: 301533 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301533 has no debt, therefore coverage of interest payments is not a concern.