Wanxiang Doneed Balance Sheet Health
Financial Health criteria checks 6/6
Wanxiang Doneed has a total shareholder equity of CN¥625.9M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥803.7M and CN¥177.9M respectively. Wanxiang Doneed's EBIT is CN¥38.7M making its interest coverage ratio -1.4. It has cash and short-term investments of CN¥405.1M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -1.4x |
| Cash | CN¥405.08m |
| Equity | CN¥625.87m |
| Total liabilities | CN¥177.88m |
| Total assets | CN¥803.75m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600371's short term assets (CN¥606.4M) exceed its short term liabilities (CN¥173.5M).
Long Term Liabilities: 600371's short term assets (CN¥606.4M) exceed its long term liabilities (CN¥4.4M).
Debt to Equity History and Analysis
Debt Level: 600371 is debt free.
Reducing Debt: 600371 had no debt 5 years ago.
Debt Coverage: 600371 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600371 has no debt, therefore coverage of interest payments is not a concern.