Wuxi Honghui New Materials Technology Balance Sheet Health
Financial Health criteria checks 6/6
Wuxi Honghui New Materials Technology has a total shareholder equity of CN¥660.3M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥703.0M and CN¥42.7M respectively. Wuxi Honghui New Materials Technology's EBIT is CN¥37.4M making its interest coverage ratio -6.8. It has cash and short-term investments of CN¥352.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -6.8x |
Cash | CN¥352.81m |
Equity | CN¥660.35m |
Total liabilities | CN¥42.69m |
Total assets | CN¥703.04m |
Recent financial health updates
No updates
Recent updates
Wuxi Honghui New Materials Technology Co., Ltd.'s (SZSE:002802) 37% Price Boost Is Out Of Tune With Earnings
May 21Wuxi Honghui New Materials Technology's (SZSE:002802) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 03There's Reason For Concern Over Wuxi Honghui New Materials Technology Co., Ltd.'s (SZSE:002802) Massive 27% Price Jump
Mar 11Financial Position Analysis
Short Term Liabilities: 002802's short term assets (CN¥501.1M) exceed its short term liabilities (CN¥34.6M).
Long Term Liabilities: 002802's short term assets (CN¥501.1M) exceed its long term liabilities (CN¥8.1M).
Debt to Equity History and Analysis
Debt Level: 002802 is debt free.
Reducing Debt: 002802 had no debt 5 years ago.
Debt Coverage: 002802 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002802 has no debt, therefore coverage of interest payments is not a concern.