Wangsu Science & TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Wangsu Science & TechnologyLtd has a total shareholder equity of CN¥9.8B and total debt of CN¥922.0M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are CN¥12.0B and CN¥2.2B respectively. Wangsu Science & TechnologyLtd's EBIT is CN¥407.5M making its interest coverage ratio -1.7. It has cash and short-term investments of CN¥6.6B.
Key information
9.4%
Debt to equity ratio
CN¥922.01m
Debt
| Interest coverage ratio | -1.7x |
| Cash | CN¥6.56b |
| Equity | CN¥9.79b |
| Total liabilities | CN¥2.20b |
| Total assets | CN¥11.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300017's short term assets (CN¥7.8B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 300017's short term assets (CN¥7.8B) exceed its long term liabilities (CN¥55.8M).
Debt to Equity History and Analysis
Debt Level: 300017 has more cash than its total debt.
Reducing Debt: 300017's debt to equity ratio has increased from 1.5% to 9.4% over the past 5 years.
Debt Coverage: 300017's debt is well covered by operating cash flow (89.8%).
Interest Coverage: 300017 earns more interest than it pays, so coverage of interest payments is not a concern.