Guizhou Wire Rope Balance Sheet Health
Financial Health criteria checks 3/6
Guizhou Wire Rope has a total shareholder equity of CN¥1.5B and total debt of CN¥792.9M, which brings its debt-to-equity ratio to 54%. Its total assets and total liabilities are CN¥3.4B and CN¥1.9B respectively.
Key information
54.0%
Debt to equity ratio
CN¥792.87m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥245.16m |
| Equity | CN¥1.47b |
| Total liabilities | CN¥1.88b |
| Total assets | CN¥3.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600992's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 600992's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥531.8M).
Debt to Equity History and Analysis
Debt Level: 600992's net debt to equity ratio (37.3%) is considered satisfactory.
Reducing Debt: 600992's debt to equity ratio has increased from 24.5% to 54% over the past 5 years.
Debt Coverage: 600992's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600992's interest payments on its debt are well covered by EBIT.