GuangZhou Wahlap Technology Balance Sheet Health
Financial Health criteria checks 6/6
GuangZhou Wahlap Technology has a total shareholder equity of CN¥710.6M and total debt of CN¥100.7M, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are CN¥1.2B and CN¥461.4M respectively. GuangZhou Wahlap Technology's EBIT is CN¥129.8M making its interest coverage ratio -3677.8. It has cash and short-term investments of CN¥157.3M.
Key information
14.2%
Debt to equity ratio
CN¥100.68m
Debt
Interest coverage ratio | -3677.8x |
Cash | CN¥157.34m |
Equity | CN¥710.63m |
Total liabilities | CN¥461.39m |
Total assets | CN¥1.17b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301011's short term assets (CN¥731.3M) exceed its short term liabilities (CN¥396.5M).
Long Term Liabilities: 301011's short term assets (CN¥731.3M) exceed its long term liabilities (CN¥64.9M).
Debt to Equity History and Analysis
Debt Level: 301011 has more cash than its total debt.
Reducing Debt: 301011's debt to equity ratio has reduced from 24.5% to 14.2% over the past 5 years.
Debt Coverage: 301011's debt is well covered by operating cash flow (243.1%).
Interest Coverage: 301011 earns more interest than it pays, so coverage of interest payments is not a concern.