Western SecuritiesLtd Balance Sheet Health
Financial Health criteria checks 3/6
Western SecuritiesLtd has a total shareholder equity of CN¥28.3B and total debt of CN¥45.2B, which brings its debt-to-equity ratio to 159.7%. Its total assets and total liabilities are CN¥98.5B and CN¥70.2B respectively.
Key information
159.7%
Debt to equity ratio
CN¥45.24b
Debt
Interest coverage ratio | n/a |
Cash | CN¥80.34b |
Equity | CN¥28.33b |
Total liabilities | CN¥70.21b |
Total assets | CN¥98.53b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002673's short term assets (CN¥93.5B) exceed its short term liabilities (CN¥50.3B).
Long Term Liabilities: 002673's short term assets (CN¥93.5B) exceed its long term liabilities (CN¥19.9B).
Debt to Equity History and Analysis
Debt Level: 002673 has more cash than its total debt.
Reducing Debt: 002673's debt to equity ratio has increased from 113.1% to 159.7% over the past 5 years.
Debt Coverage: 002673's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: Insufficient data to determine if 002673's interest payments on its debt are well covered by EBIT.