Wuxi Boton Technology Balance Sheet Health
Financial Health criteria checks 6/6
Wuxi Boton Technology has a total shareholder equity of CN¥4.1B and total debt of CN¥749.2M, which brings its debt-to-equity ratio to 18.2%. Its total assets and total liabilities are CN¥5.9B and CN¥1.8B respectively. Wuxi Boton Technology's EBIT is CN¥412.8M making its interest coverage ratio -22.4. It has cash and short-term investments of CN¥1.2B.
Key information
18.2%
Debt to equity ratio
CN¥749.19m
Debt
| Interest coverage ratio | -22.4x |
| Cash | CN¥1.23b |
| Equity | CN¥4.11b |
| Total liabilities | CN¥1.76b |
| Total assets | CN¥5.87b |
Recent financial health updates
Recent updates
What Does Wuxi Boton Technology Co., Ltd.'s (SZSE:300031) Share Price Indicate?
Oct 18
There's No Escaping Wuxi Boton Technology Co., Ltd.'s (SZSE:300031) Muted Revenues Despite A 26% Share Price Rise
Sep 30Wuxi Boton Technology's (SZSE:300031) Strong Earnings Are Of Good Quality
Sep 03Here's What's Concerning About Wuxi Boton Technology's (SZSE:300031) Returns On Capital
Jul 02Does Wuxi Boton Technology (SZSE:300031) Have A Healthy Balance Sheet?
May 28Wuxi Boton Technology Co., Ltd. (SZSE:300031) Stock's 27% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Apr 16Wuxi Boton Technology (SZSE:300031) Will Be Hoping To Turn Its Returns On Capital Around
Feb 28Financial Position Analysis
Short Term Liabilities: 300031's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 300031's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥207.1M).
Debt to Equity History and Analysis
Debt Level: 300031 has more cash than its total debt.
Reducing Debt: 300031's debt to equity ratio has reduced from 59.7% to 18.2% over the past 5 years.
Debt Coverage: 300031's debt is well covered by operating cash flow (81.8%).
Interest Coverage: 300031 earns more interest than it pays, so coverage of interest payments is not a concern.