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¥181.8M, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are CN¥3.0B and CN¥1.5B respectively. Wiscom System's EBIT is CN¥49.2M making its interest coverage ratio -1.6. It has cash and short-term investments of CN¥509.6M.
Key information
12.2%
Debt to equity ratio
CN¥181.83m
Debt
| Interest coverage ratio | -1.6x |
| Cash | CN¥509.62m |
| Equity | CN¥1.49b |
| Total liabilities | CN¥1.49b |
| Total assets | CN¥2.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002090's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 002090's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥34.2M).
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 72.1% to 12.2% over the past 5 years.
Debt Coverage: 002090's debt is well covered by operating cash flow (146.3%).
Interest Coverage: 002090 earns more interest than it pays, so coverage of interest payments is not a concern.