Wanxiang Doneed Balance Sheet Health
Financial Health criteria checks 6/6
Wanxiang Doneed has a total shareholder equity of CN¥613.9M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥819.7M and CN¥205.8M respectively. Wanxiang Doneed's EBIT is CN¥39.4M making its interest coverage ratio -1.5. It has cash and short-term investments of CN¥369.5M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -1.5x |
| Cash | CN¥369.55m |
| Equity | CN¥613.90m |
| Total liabilities | CN¥205.82m |
| Total assets | CN¥819.72m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600371's short term assets (CN¥624.9M) exceed its short term liabilities (CN¥201.4M).
Long Term Liabilities: 600371's short term assets (CN¥624.9M) 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.