Wuxi Huadong Heavy Machinery Balance Sheet Health
Financial Health criteria checks 3/6
Wuxi Huadong Heavy Machinery has a total shareholder equity of CN¥1.4B and total debt of CN¥148.5M, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are CN¥3.2B and CN¥1.8B respectively.
Key information
10.4%
Debt to equity ratio
CN¥148.46m
Debt
Interest coverage ratio | n/a |
Cash | CN¥353.01m |
Equity | CN¥1.43b |
Total liabilities | CN¥1.77b |
Total assets | CN¥3.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002685's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 002685's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥149.1M).
Debt to Equity History and Analysis
Debt Level: 002685 has more cash than its total debt.
Reducing Debt: 002685's debt to equity ratio has increased from 9.7% to 10.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 002685 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 002685 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.