Winall Hi-tech Seed Balance Sheet Health
Financial Health criteria checks 4/6
Winall Hi-tech Seed has a total shareholder equity of CN¥2.6B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 57.9%. Its total assets and total liabilities are CN¥6.2B and CN¥3.6B respectively. Winall Hi-tech Seed's EBIT is CN¥311.4M making its interest coverage ratio 15.6. It has cash and short-term investments of CN¥1.1B.
Key information
57.9%
Debt to equity ratio
CN¥1.51b
Debt
| Interest coverage ratio | 15.6x |
| Cash | CN¥1.13b |
| Equity | CN¥2.60b |
| Total liabilities | CN¥3.61b |
| Total assets | CN¥6.21b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 300087's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥2.9B).
Long Term Liabilities: 300087's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥737.8M).
Debt to Equity History and Analysis
Debt Level: 300087's net debt to equity ratio (14.7%) is considered satisfactory.
Reducing Debt: 300087's debt to equity ratio has increased from 0.6% to 57.9% over the past 5 years.
Debt Coverage: 300087's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300087's interest payments on its debt are well covered by EBIT (15.6x coverage).