Western Superconducting Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Western Superconducting Technologies has a total shareholder equity of CN¥7.1B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 37.3%. Its total assets and total liabilities are CN¥12.7B and CN¥5.6B respectively. Western Superconducting Technologies's EBIT is CN¥789.1M making its interest coverage ratio 16.1. It has cash and short-term investments of CN¥2.1B.
Key information
37.3%
Debt to equity ratio
CN¥2.64b
Debt
| Interest coverage ratio | 16.1x |
| Cash | CN¥2.11b |
| Equity | CN¥7.08b |
| Total liabilities | CN¥5.60b |
| Total assets | CN¥12.68b |
Recent financial health updates
Does Western Superconducting Technologies (SHSE:688122) Have A Healthy Balance Sheet?
Jul 30
Does Western Superconducting Technologies (SHSE:688122) Have A Healthy Balance Sheet?
Apr 25Recent updates
Western Superconducting Technologies (SHSE:688122) Is Experiencing Growth In Returns On Capital
Nov 25We Think That There Are More Issues For Western Superconducting Technologies (SHSE:688122) Than Just Sluggish Earnings
Nov 06Western Superconducting Technologies Co., Ltd.'s (SHSE:688122) Popularity With Investors Is Clear
Sep 19Does Western Superconducting Technologies (SHSE:688122) Have A Healthy Balance Sheet?
Jul 30There's Been No Shortage Of Growth Recently For Western Superconducting Technologies' (SHSE:688122) Returns On Capital
Jun 19There's Reason For Concern Over Western Superconducting Technologies Co., Ltd.'s (SHSE:688122) Price
May 28Western Superconducting Technologies' (SHSE:688122) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 06Does Western Superconducting Technologies (SHSE:688122) Have A Healthy Balance Sheet?
Apr 25Time To Worry? Analysts Are Downgrading Their Western Superconducting Technologies Co., Ltd. (SHSE:688122) Outlook
Apr 03Financial Position Analysis
Short Term Liabilities: 688122's short term assets (CN¥9.9B) exceed its short term liabilities (CN¥4.3B).
Long Term Liabilities: 688122's short term assets (CN¥9.9B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 688122's net debt to equity ratio (7.5%) is considered satisfactory.
Reducing Debt: 688122's debt to equity ratio has reduced from 42.8% to 37.3% over the past 5 years.
Debt Coverage: 688122's debt is well covered by operating cash flow (20.4%).
Interest Coverage: 688122's interest payments on its debt are well covered by EBIT (16.1x coverage).