Shanghai Wisdom Information Technology Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Wisdom Information Technology has a total shareholder equity of CN¥1.0B and total debt of CN¥219.7K, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are CN¥1.1B and CN¥91.1M respectively. Shanghai Wisdom Information Technology's EBIT is CN¥35.4M making its interest coverage ratio -3.5. It has cash and short-term investments of CN¥781.4M.
Key information
0.02%
Debt to equity ratio
CN¥219.67k
Debt
| Interest coverage ratio | -3.5x |
| Cash | CN¥781.39m |
| Equity | CN¥1.01b |
| Total liabilities | CN¥91.13m |
| Total assets | CN¥1.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301315's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥91.1M).
Long Term Liabilities: 301315 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 301315 has more cash than its total debt.
Reducing Debt: 301315's debt to equity ratio has increased from 0% to 0.02% over the past 5 years.
Debt Coverage: 301315's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301315 earns more interest than it pays, so coverage of interest payments is not a concern.