WELLE Environmental GroupLtd Balance Sheet Health
Financial Health criteria checks 2/6
WELLE Environmental GroupLtd has a total shareholder equity of CN¥3.7B and total debt of CN¥3.1B, which brings its debt-to-equity ratio to 83.2%. Its total assets and total liabilities are CN¥8.8B and CN¥5.1B respectively.
Key information
83.2%
Debt to equity ratio
CN¥3.07b
Debt
Interest coverage ratio | n/a |
Cash | CN¥675.29m |
Equity | CN¥3.69b |
Total liabilities | CN¥5.13b |
Total assets | CN¥8.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300190's short term assets (CN¥4.3B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 300190's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 300190's net debt to equity ratio (64.9%) is considered high.
Reducing Debt: 300190's debt to equity ratio has increased from 43.9% to 83.2% over the past 5 years.
Debt Coverage: 300190's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: Insufficient data to determine if 300190's interest payments on its debt are well covered by EBIT.