WuXi AppTec Balance Sheet Health
Financial Health criteria checks 5/6
WuXi AppTec has a total shareholder equity of CN¥56.0B and total debt of CN¥6.0B, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are CN¥74.9B and CN¥18.9B respectively. WuXi AppTec's EBIT is CN¥10.6B making its interest coverage ratio -28.2. It has cash and short-term investments of CN¥16.2B.
Key information
10.8%
Debt to equity ratio
CN¥6.03b
Debt
Interest coverage ratio | -28.2x |
Cash | CN¥16.23b |
Equity | CN¥56.05b |
Total liabilities | CN¥18.89b |
Total assets | CN¥74.94b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 603259's short term assets (CN¥31.2B) exceed its short term liabilities (CN¥13.4B).
Long Term Liabilities: 603259's short term assets (CN¥31.2B) exceed its long term liabilities (CN¥5.5B).
Debt to Equity History and Analysis
Debt Level: 603259 has more cash than its total debt.
Reducing Debt: 603259's debt to equity ratio has increased from 1.4% to 10.8% over the past 5 years.
Debt Coverage: 603259's debt is well covered by operating cash flow (209.1%).
Interest Coverage: 603259 earns more interest than it pays, so coverage of interest payments is not a concern.