Winall Hi-tech Seed Balance Sheet Health
Financial Health criteria checks 4/6
Winall Hi-tech Seed has a total shareholder equity of CN¥2.3B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 84.3%. Its total assets and total liabilities are CN¥7.6B and CN¥5.3B respectively. Winall Hi-tech Seed's EBIT is CN¥222.6M making its interest coverage ratio 4.8. It has cash and short-term investments of CN¥1.6B.
Key information
84.3%
Debt to equity ratio
CN¥1.96b
Debt
| Interest coverage ratio | 4.8x |
| Cash | CN¥1.61b |
| Equity | CN¥2.32b |
| Total liabilities | CN¥5.27b |
| Total assets | CN¥7.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300087's short term assets (CN¥5.9B) exceed its short term liabilities (CN¥4.7B).
Long Term Liabilities: 300087's short term assets (CN¥5.9B) exceed its long term liabilities (CN¥556.3M).
Debt to Equity History and Analysis
Debt Level: 300087's net debt to equity ratio (14.9%) is considered satisfactory.
Reducing Debt: 300087's debt to equity ratio has increased from 0.6% to 84.3% 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 (4.8x coverage).