Wuhan DR Laser TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Wuhan DR Laser TechnologyLtd has a total shareholder equity of CN¥3.3B and total debt of CN¥777.1M, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are CN¥6.4B and CN¥3.1B respectively. Wuhan DR Laser TechnologyLtd's EBIT is CN¥482.6M making its interest coverage ratio -11.7. It has cash and short-term investments of CN¥321.0M.
Key information
23.4%
Debt to equity ratio
CN¥777.07m
Debt
| Interest coverage ratio | -11.7x |
| Cash | CN¥321.01m |
| Equity | CN¥3.32b |
| Total liabilities | CN¥3.08b |
| Total assets | CN¥6.39b |
Recent financial health updates
Recent updates
Wuhan DR Laser Technology Corp.,Ltd's (SZSE:300776) 31% Share Price Surge Not Quite Adding Up
Nov 14
Wuhan DR Laser TechnologyLtd (SZSE:300776) May Have Issues Allocating Its Capital
Oct 15Wuhan DR Laser Technology Corp.,Ltd's (SZSE:300776) 41% Jump Shows Its Popularity With Investors
Sep 30Solid Earnings May Not Tell The Whole Story For Wuhan DR Laser TechnologyLtd (SZSE:300776)
Aug 22Analysts Just Shaved Their Wuhan DR Laser Technology Corp.,Ltd (SZSE:300776) Forecasts Dramatically
Aug 21Getting In Cheap On Wuhan DR Laser Technology Corp.,Ltd (SZSE:300776) Might Be Difficult
Aug 03The Returns On Capital At Wuhan DR Laser TechnologyLtd (SZSE:300776) Don't Inspire Confidence
Jul 03We Think Wuhan DR Laser TechnologyLtd (SZSE:300776) Can Manage Its Debt With Ease
May 21Many Still Looking Away From Wuhan DR Laser Technology Corp.,Ltd (SZSE:300776)
Apr 22Capital Allocation Trends At Wuhan DR Laser TechnologyLtd (SZSE:300776) Aren't Ideal
Mar 26Financial Position Analysis
Short Term Liabilities: 300776's short term assets (CN¥5.8B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 300776's short term assets (CN¥5.8B) exceed its long term liabilities (CN¥838.3M).
Debt to Equity History and Analysis
Debt Level: 300776's net debt to equity ratio (13.7%) is considered satisfactory.
Reducing Debt: 300776's debt to equity ratio has increased from 0% to 23.4% over the past 5 years.
Debt Coverage: 300776's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: 300776 earns more interest than it pays, so coverage of interest payments is not a concern.