Wuxi Lead Intelligent EquipmentLTD Balance Sheet Health
Financial Health criteria checks 3/6
Wuxi Lead Intelligent EquipmentLTD has a total shareholder equity of CN¥11.9B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 27.8%. Its total assets and total liabilities are CN¥34.5B and CN¥22.5B respectively.
Key information
27.8%
Debt to equity ratio
CN¥3.31b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥3.08b |
| Equity | CN¥11.93b |
| Total liabilities | CN¥22.54b |
| Total assets | CN¥34.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300450's short term assets (CN¥29.2B) exceed its short term liabilities (CN¥21.9B).
Long Term Liabilities: 300450's short term assets (CN¥29.2B) exceed its long term liabilities (CN¥657.1M).
Debt to Equity History and Analysis
Debt Level: 300450's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: 300450's debt to equity ratio has increased from 13.6% to 27.8% over the past 5 years.
Debt Coverage: 300450's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300450's interest payments on its debt are well covered by EBIT.