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¥10.0K, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.4B and CN¥422.0M respectively. Changzhou Wujin Zhongrui Electronic Technology's EBIT is CN¥97.6M making its interest coverage ratio -12.2. It has cash and short-term investments of CN¥847.5M.
Key information
0.0005%
Debt to equity ratio
CN¥10.01k
Debt
| Interest coverage ratio | -12.2x |
| Cash | CN¥847.53m |
| Equity | CN¥1.99b |
| Total liabilities | CN¥421.97m |
| Total assets | CN¥2.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301587's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥332.2M).
Long Term Liabilities: 301587's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥89.8M).
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 13.2% to 0% over the past 5 years.
Debt Coverage: 301587's debt is well covered by operating cash flow (1796356.6%).
Interest Coverage: 301587 earns more interest than it pays, so coverage of interest payments is not a concern.