Wuhan Citms TechnologyLTD Balance Sheet Health
Financial Health criteria checks 3/6
Wuhan Citms TechnologyLTD has a total shareholder equity of CN¥617.7M and total debt of CN¥389.8M, which brings its debt-to-equity ratio to 63.1%. Its total assets and total liabilities are CN¥1.3B and CN¥646.8M respectively.
Key information
63.1%
Debt to equity ratio
CN¥389.76m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥183.44m |
| Equity | CN¥617.66m |
| Total liabilities | CN¥646.82m |
| Total assets | CN¥1.26b |
Financial Position Analysis
Short Term Liabilities: 688038's short term assets (CN¥894.7M) exceed its short term liabilities (CN¥532.9M).
Long Term Liabilities: 688038's short term assets (CN¥894.7M) exceed its long term liabilities (CN¥113.9M).
Debt to Equity History and Analysis
Debt Level: 688038's net debt to equity ratio (33.4%) is considered satisfactory.
Reducing Debt: 688038's debt to equity ratio has increased from 12.4% to 63.1% over the past 5 years.
Debt Coverage: 688038's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688038's interest payments on its debt are well covered by EBIT.