Wiscom System Balance Sheet Health
Financial Health criteria checks 6/6
Wiscom System has a total shareholder equity of CN¥1.5B and total debt of CN¥185.2M, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are CN¥2.8B and CN¥1.3B respectively. Wiscom System's EBIT is CN¥32.9M making its interest coverage ratio -1.1. It has cash and short-term investments of CN¥703.2M.
Key information
12.4%
Debt to equity ratio
CN¥185.25m
Debt
| Interest coverage ratio | -1.1x |
| Cash | CN¥703.21m |
| Equity | CN¥1.49b |
| Total liabilities | CN¥1.27b |
| Total assets | CN¥2.76b |
Financial Position Analysis
Short Term Liabilities: 002090's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 002090's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥19.4M).
Debt to Equity History and Analysis
Debt Level: 002090 has more cash than its total debt.
Reducing Debt: 002090's debt to equity ratio has reduced from 83.5% to 12.4% over the past 5 years.
Debt Coverage: 002090's debt is well covered by operating cash flow (106.7%).
Interest Coverage: 002090 earns more interest than it pays, so coverage of interest payments is not a concern.