Shenzhen Worldunion Group Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Worldunion Group has a total shareholder equity of CN¥3.1B and total debt of CN¥73.4M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are CN¥5.0B and CN¥1.9B respectively.
Key information
2.4%
Debt to equity ratio
CN¥73.42m
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.25b |
Equity | CN¥3.05b |
Total liabilities | CN¥1.93b |
Total assets | CN¥4.98b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 002285's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 002285's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥123.1M).
Debt to Equity History and Analysis
Debt Level: 002285 has more cash than its total debt.
Reducing Debt: 002285's debt to equity ratio has reduced from 72.1% to 2.4% over the past 5 years.
Debt Coverage: 002285's debt is well covered by operating cash flow (340.8%).
Interest Coverage: Insufficient data to determine if 002285's interest payments on its debt are well covered by EBIT.