Wuxi NCE PowerLtd Balance Sheet Health
Financial Health criteria checks 6/6
Wuxi NCE PowerLtd has a total shareholder equity of CN¥3.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥4.3B and CN¥608.8M respectively. Wuxi NCE PowerLtd's EBIT is CN¥263.5M making its interest coverage ratio -4.5. It has cash and short-term investments of CN¥2.7B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -4.5x |
| Cash | CN¥2.72b |
| Equity | CN¥3.73b |
| Total liabilities | CN¥608.78m |
| Total assets | CN¥4.34b |
Recent financial health updates
No updates
Recent updates
Should You Think About Buying Wuxi NCE Power Co.,Ltd. (SHSE:605111) Now?
Apr 22
Wuxi NCE PowerLtd's (SHSE:605111) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 03Wuxi NCE Power Co.,Ltd.'s (SHSE:605111) Shares Climb 26% But Its Business Is Yet to Catch Up
Mar 06Wuxi NCE PowerLtd (SHSE:605111) Might Be Having Difficulty Using Its Capital Effectively
Feb 27Financial Position Analysis
Short Term Liabilities: 605111's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥553.4M).
Long Term Liabilities: 605111's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥55.4M).
Debt to Equity History and Analysis
Debt Level: 605111 is debt free.
Reducing Debt: 605111 had no debt 5 years ago.
Debt Coverage: 605111 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 605111 has no debt, therefore coverage of interest payments is not a concern.