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¥623.2M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥728.7M and CN¥105.6M respectively. Wuxi Honghui New Materials Technology's EBIT is CN¥46.6M making its interest coverage ratio -8.5. It has cash and short-term investments of CN¥366.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -8.5x |
| Cash | CN¥366.79m |
| Equity | CN¥623.15m |
| Total liabilities | CN¥105.59m |
| Total assets | CN¥728.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002802's short term assets (CN¥530.1M) exceed its short term liabilities (CN¥97.5M).
Long Term Liabilities: 002802's short term assets (CN¥530.1M) 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.