Wuxi Huaguang Environment & Energy GroupLtd Balance Sheet Health
Financial Health criteria checks 3/6
Wuxi Huaguang Environment & Energy GroupLtd has a total shareholder equity of CN¥10.5B and total debt of CN¥8.7B, which brings its debt-to-equity ratio to 82.8%. Its total assets and total liabilities are CN¥26.4B and CN¥15.9B respectively. Wuxi Huaguang Environment & Energy GroupLtd's EBIT is CN¥640.3M making its interest coverage ratio 15.2. It has cash and short-term investments of CN¥3.0B.
Key information
82.8%
Debt to equity ratio
CN¥8.72b
Debt
| Interest coverage ratio | 15.2x |
| Cash | CN¥2.98b |
| Equity | CN¥10.53b |
| Total liabilities | CN¥15.90b |
| Total assets | CN¥26.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600475's short term assets (CN¥10.2B) exceed its short term liabilities (CN¥9.8B).
Long Term Liabilities: 600475's short term assets (CN¥10.2B) exceed its long term liabilities (CN¥6.1B).
Debt to Equity History and Analysis
Debt Level: 600475's net debt to equity ratio (54.5%) is considered high.
Reducing Debt: 600475's debt to equity ratio has increased from 32.7% to 82.8% over the past 5 years.
Debt Coverage: 600475's debt is not well covered by operating cash flow (2.7%).
Interest Coverage: 600475's interest payments on its debt are well covered by EBIT (15.2x coverage).