Wayzim Technology Balance Sheet Health
Financial Health criteria checks 6/6
Wayzim Technology has a total shareholder equity of CN¥3.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥6.6B and CN¥3.0B respectively. Wayzim Technology's EBIT is CN¥28.8M making its interest coverage ratio -2.5. It has cash and short-term investments of CN¥1.8B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -2.5x |
| Cash | CN¥1.82b |
| Equity | CN¥3.61b |
| Total liabilities | CN¥3.03b |
| Total assets | CN¥6.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688211's short term assets (CN¥4.6B) exceed its short term liabilities (CN¥2.8B).
Long Term Liabilities: 688211's short term assets (CN¥4.6B) exceed its long term liabilities (CN¥216.1M).
Debt to Equity History and Analysis
Debt Level: 688211 is debt free.
Reducing Debt: 688211 has no debt compared to 5 years ago when its debt to equity ratio was 8.1%.
Debt Coverage: 688211 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688211 has no debt, therefore coverage of interest payments is not a concern.