GuangZhou LingWe Technology Balance Sheet Health
Financial Health criteria checks 6/6
GuangZhou LingWe Technology has a total shareholder equity of CN¥1.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.7B and CN¥138.4M respectively. GuangZhou LingWe Technology's EBIT is CN¥127.5M making its interest coverage ratio -4.8. It has cash and short-term investments of CN¥631.3M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -4.8x |
| Cash | CN¥631.26m |
| Equity | CN¥1.56b |
| Total liabilities | CN¥138.39m |
| Total assets | CN¥1.70b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301373's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥118.7M).
Long Term Liabilities: 301373's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥19.7M).
Debt to Equity History and Analysis
Debt Level: 301373 is debt free.
Reducing Debt: 301373 has no debt compared to 5 years ago when its debt to equity ratio was 0.4%.
Debt Coverage: 301373 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301373 has no debt, therefore coverage of interest payments is not a concern.