Wushang Group Balance Sheet Health
Financial Health criteria checks 1/6
Wushang Group has a total shareholder equity of CN¥11.2B and total debt of CN¥9.5B, which brings its debt-to-equity ratio to 85.4%. Its total assets and total liabilities are CN¥32.1B and CN¥20.9B respectively. Wushang Group's EBIT is CN¥483.0M making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥3.7B.
Key information
85.4%
Debt to equity ratio
CN¥9.53b
Debt
Interest coverage ratio | 1.6x |
Cash | CN¥3.71b |
Equity | CN¥11.16b |
Total liabilities | CN¥20.95b |
Total assets | CN¥32.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000501's short term assets (CN¥6.4B) do not cover its short term liabilities (CN¥13.7B).
Long Term Liabilities: 000501's short term assets (CN¥6.4B) do not cover its long term liabilities (CN¥7.3B).
Debt to Equity History and Analysis
Debt Level: 000501's net debt to equity ratio (52.2%) is considered high.
Reducing Debt: 000501's debt to equity ratio has increased from 53.3% to 85.4% over the past 5 years.
Debt Coverage: 000501's debt is well covered by operating cash flow (22.9%).
Interest Coverage: 000501's interest payments on its debt are not well covered by EBIT (1.6x coverage).