Changzhou Wujin Zhongrui Electronic Technology Balance Sheet Health
Financial Health criteria checks 6/6
Changzhou Wujin Zhongrui Electronic Technology has a total shareholder equity of CN¥2.0B and total debt of CN¥537.4K, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are CN¥2.5B and CN¥445.8M respectively. Changzhou Wujin Zhongrui Electronic Technology's EBIT is CN¥73.8M making its interest coverage ratio -8.1. It has cash and short-term investments of CN¥923.6M.
Key information
0.03%
Debt to equity ratio
CN¥537.35k
Debt
| Interest coverage ratio | -8.1x |
| Cash | CN¥923.56m |
| Equity | CN¥2.02b |
| Total liabilities | CN¥445.85m |
| Total assets | CN¥2.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301587's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥354.4M).
Long Term Liabilities: 301587's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥91.4M).
Debt to Equity History and Analysis
Debt Level: 301587 has more cash than its total debt.
Reducing Debt: 301587's debt to equity ratio has reduced from 14.1% to 0.03% over the past 5 years.
Debt Coverage: 301587's debt is well covered by operating cash flow (48936.2%).
Interest Coverage: 301587 earns more interest than it pays, so coverage of interest payments is not a concern.