Hangzhou Wensli Silk Culture Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Wensli Silk Culture has a total shareholder equity of CN¥667.9M and total debt of CN¥30.3M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are CN¥963.2M and CN¥295.3M respectively. Hangzhou Wensli Silk Culture's EBIT is CN¥36.9M making its interest coverage ratio -5.7. It has cash and short-term investments of CN¥201.2M.
Key information
4.5%
Debt to equity ratio
CN¥30.29m
Debt
| Interest coverage ratio | -5.7x |
| Cash | CN¥201.21m |
| Equity | CN¥667.92m |
| Total liabilities | CN¥295.32m |
| Total assets | CN¥963.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301066's short term assets (CN¥481.1M) exceed its short term liabilities (CN¥249.7M).
Long Term Liabilities: 301066's short term assets (CN¥481.1M) exceed its long term liabilities (CN¥45.6M).
Debt to Equity History and Analysis
Debt Level: 301066 has more cash than its total debt.
Reducing Debt: 301066's debt to equity ratio has increased from 0% to 4.5% over the past 5 years.
Debt Coverage: 301066's debt is well covered by operating cash flow (214.2%).
Interest Coverage: 301066 earns more interest than it pays, so coverage of interest payments is not a concern.