Weichai Power Balance Sheet Health
Financial Health criteria checks 6/6
Weichai Power has a total shareholder equity of CN¥112.7B and total debt of CN¥53.0B, which brings its debt-to-equity ratio to 47.1%. Its total assets and total liabilities are CN¥334.2B and CN¥221.6B respectively. Weichai Power's EBIT is CN¥12.8B making its interest coverage ratio -61.2. It has cash and short-term investments of CN¥104.3B.
Key information
47.1%
Debt to equity ratio
CN¥53.03b
Debt
Interest coverage ratio | -61.2x |
Cash | CN¥104.28b |
Equity | CN¥112.69b |
Total liabilities | CN¥221.56b |
Total assets | CN¥334.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000338's short term assets (CN¥197.9B) exceed its short term liabilities (CN¥146.2B).
Long Term Liabilities: 000338's short term assets (CN¥197.9B) exceed its long term liabilities (CN¥75.3B).
Debt to Equity History and Analysis
Debt Level: 000338 has more cash than its total debt.
Reducing Debt: 000338's debt to equity ratio has reduced from 50.4% to 47.1% over the past 5 years.
Debt Coverage: 000338's debt is well covered by operating cash flow (51.8%).
Interest Coverage: 000338 earns more interest than it pays, so coverage of interest payments is not a concern.