WPG (Shanghai) Smart Water PublicLtd Balance Sheet Health
Financial Health criteria checks 3/6
WPG (Shanghai) Smart Water PublicLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥949.9M, which brings its debt-to-equity ratio to 53.1%. Its total assets and total liabilities are CN¥3.5B and CN¥1.7B respectively.
Key information
53.1%
Debt to equity ratio
CN¥949.93m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥561.64m |
| Equity | CN¥1.79b |
| Total liabilities | CN¥1.69b |
| Total assets | CN¥3.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603956's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 603956's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥453.5M).
Debt to Equity History and Analysis
Debt Level: 603956's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: 603956's debt to equity ratio has increased from 0% to 53.1% over the past 5 years.
Debt Coverage: 603956's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 603956's interest payments on its debt are well covered by EBIT.