Wondershare Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
Wondershare Technology Group has a total shareholder equity of CN¥1.4B and total debt of CN¥9.8M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥1.7B and CN¥241.0M respectively. Wondershare Technology Group's EBIT is CN¥75.4M making its interest coverage ratio -32654. It has cash and short-term investments of CN¥607.8M.
Key information
0.7%
Debt to equity ratio
CN¥9.82m
Debt
Interest coverage ratio | -32654x |
Cash | CN¥607.83m |
Equity | CN¥1.42b |
Total liabilities | CN¥240.97m |
Total assets | CN¥1.66b |
Recent financial health updates
No updates
Recent updates
Getting In Cheap On Wondershare Technology Group Co., Ltd. (SZSE:300624) Might Be Difficult
Aug 09Wondershare Technology Group Co., Ltd.'s (SZSE:300624) 28% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Apr 22What Wondershare Technology Group Co., Ltd.'s (SZSE:300624) 29% Share Price Gain Is Not Telling You
Mar 08Here's What's Concerning About Wondershare Technology Group's (SZSE:300624) Returns On Capital
Mar 04Financial Position Analysis
Short Term Liabilities: 300624's short term assets (CN¥702.4M) exceed its short term liabilities (CN¥204.3M).
Long Term Liabilities: 300624's short term assets (CN¥702.4M) exceed its long term liabilities (CN¥36.7M).
Debt to Equity History and Analysis
Debt Level: 300624 has more cash than its total debt.
Reducing Debt: 300624's debt to equity ratio has increased from 0% to 0.7% over the past 5 years.
Debt Coverage: 300624's debt is well covered by operating cash flow (1699.6%).
Interest Coverage: 300624 earns more interest than it pays, so coverage of interest payments is not a concern.