Wayzim Technology Balance Sheet Health
Financial Health criteria checks 5/6
Wayzim Technology has a total shareholder equity of CN¥3.6B and total debt of CN¥20.0M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥6.6B and CN¥3.0B respectively.
Key information
0.6%
Debt to equity ratio
CN¥20.02m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.66b |
| Equity | CN¥3.62b |
| Total liabilities | CN¥2.97b |
| Total assets | CN¥6.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688211's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥2.8B).
Long Term Liabilities: 688211's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥216.8M).
Debt to Equity History and Analysis
Debt Level: 688211 has more cash than its total debt.
Reducing Debt: 688211's debt to equity ratio has reduced from 15.5% to 0.6% over the past 5 years.
Debt Coverage: 688211's debt is well covered by operating cash flow (1858.5%).
Interest Coverage: Insufficient data to determine if 688211's interest payments on its debt are well covered by EBIT.