Nanjing Wondux Environmental Protection Technology Balance Sheet Health
Financial Health criteria checks 3/6
Nanjing Wondux Environmental Protection Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥293.1M, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are CN¥2.2B and CN¥928.5M respectively.
Key information
23.3%
Debt to equity ratio
CN¥293.10m
Debt
Interest coverage ratio | n/a |
Cash | CN¥227.95m |
Equity | CN¥1.26b |
Total liabilities | CN¥928.54m |
Total assets | CN¥2.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688178's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥792.0M).
Long Term Liabilities: 688178's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥136.6M).
Debt to Equity History and Analysis
Debt Level: 688178's net debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: 688178's debt to equity ratio has increased from 21.1% to 23.3% over the past 5 years.
Debt Coverage: 688178's debt is not well covered by operating cash flow (1.8%).
Interest Coverage: Insufficient data to determine if 688178's interest payments on its debt are well covered by EBIT.