Zhejiang Wanma Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Wanma has a total shareholder equity of CN¥5.7B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are CN¥15.2B and CN¥9.5B respectively. Zhejiang Wanma's EBIT is CN¥382.1M making its interest coverage ratio 31.4. It has cash and short-term investments of CN¥2.5B.
Key information
20.5%
Debt to equity ratio
CN¥1.16b
Debt
| Interest coverage ratio | 31.4x |
| Cash | CN¥2.45b |
| Equity | CN¥5.67b |
| Total liabilities | CN¥9.54b |
| Total assets | CN¥15.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002276's short term assets (CN¥11.9B) exceed its short term liabilities (CN¥8.5B).
Long Term Liabilities: 002276's short term assets (CN¥11.9B) exceed its long term liabilities (CN¥993.3M).
Debt to Equity History and Analysis
Debt Level: 002276 has more cash than its total debt.
Reducing Debt: 002276's debt to equity ratio has reduced from 32.3% to 20.5% over the past 5 years.
Debt Coverage: 002276's debt is well covered by operating cash flow (103%).
Interest Coverage: 002276's interest payments on its debt are well covered by EBIT (31.4x coverage).