Ways ElectronLtd Balance Sheet Health
Financial Health criteria checks 5/6
Ways ElectronLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥78.5M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are CN¥2.0B and CN¥708.3M respectively. Ways ElectronLtd's EBIT is CN¥63.4M making its interest coverage ratio -19.5. It has cash and short-term investments of CN¥463.1M.
Key information
6.2%
Debt to equity ratio
CN¥78.46m
Debt
| Interest coverage ratio | -19.5x |
| Cash | CN¥463.06m |
| Equity | CN¥1.26b |
| Total liabilities | CN¥708.30m |
| Total assets | CN¥1.97b |
Recent financial health updates
Recent updates
Ways Electron Co.,Ltd.'s (SHSE:605218) Shares May Have Run Too Fast Too Soon
Jul 29
Ways ElectronLtd (SHSE:605218) Is Posting Healthy Earnings, But It Is Not All Good News
Apr 22What Ways Electron Co.,Ltd.'s (SHSE:605218) 29% Share Price Gain Is Not Telling You
Mar 07We Think Ways ElectronLtd (SHSE:605218) Can Stay On Top Of Its Debt
Mar 04Financial Position Analysis
Short Term Liabilities: 605218's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥606.4M).
Long Term Liabilities: 605218's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥101.9M).
Debt to Equity History and Analysis
Debt Level: 605218 has more cash than its total debt.
Reducing Debt: 605218's debt to equity ratio has increased from 3.2% to 6.2% over the past 5 years.
Debt Coverage: 605218's debt is well covered by operating cash flow (81.6%).
Interest Coverage: 605218 earns more interest than it pays, so coverage of interest payments is not a concern.