Willfar Information Technology Balance Sheet Health
Financial Health criteria checks 5/6
Willfar Information Technology has a total shareholder equity of CN¥3.1B and total debt of CN¥12.1M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥4.6B and CN¥1.5B respectively. Willfar Information Technology's EBIT is CN¥596.2M making its interest coverage ratio -19.8. It has cash and short-term investments of CN¥1.9B.
Key information
0.4%
Debt to equity ratio
CN¥12.13m
Debt
| Interest coverage ratio | -19.8x |
| Cash | CN¥1.86b |
| Equity | CN¥3.14b |
| Total liabilities | CN¥1.51b |
| Total assets | CN¥4.65b |
Recent financial health updates
Is Willfar Information Technology (SHSE:688100) Using Too Much Debt?
Nov 21
These 4 Measures Indicate That Willfar Information Technology (SHSE:688100) Is Using Debt Safely
Mar 20Recent updates
Is Willfar Information Technology (SHSE:688100) Using Too Much Debt?
Nov 21Returns At Willfar Information Technology (SHSE:688100) Are On The Way Up
Oct 04Willfar Information Technology Co., Ltd.'s (SHSE:688100) Share Price Matching Investor Opinion
Sep 06A Look At The Fair Value Of Willfar Information Technology Co., Ltd. (SHSE:688100)
Aug 19Returns Are Gaining Momentum At Willfar Information Technology (SHSE:688100)
Jun 10Investors Shouldn't Be Too Comfortable With Willfar Information Technology's (SHSE:688100) Earnings
May 02Here's Why We Think Willfar Information Technology (SHSE:688100) Is Well Worth Watching
Apr 07These 4 Measures Indicate That Willfar Information Technology (SHSE:688100) Is Using Debt Safely
Mar 20Willfar Information Technology Co., Ltd.'s (SHSE:688100) Shares Leap 34% Yet They're Still Not Telling The Full Story
Mar 01Willfar Information Technology's (SHSE:688100) Returns On Capital Are Heading Higher
Feb 28Financial Position Analysis
Short Term Liabilities: 688100's short term assets (CN¥4.1B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 688100's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥22.4M).
Debt to Equity History and Analysis
Debt Level: 688100 has more cash than its total debt.
Reducing Debt: 688100's debt to equity ratio has increased from 0% to 0.4% over the past 5 years.
Debt Coverage: 688100's debt is well covered by operating cash flow (4819.8%).
Interest Coverage: 688100 earns more interest than it pays, so coverage of interest payments is not a concern.