Willfar Information Technology Balance Sheet Health
Financial Health criteria checks 5/6
Willfar Information Technology has a total shareholder equity of CN¥2.9B and total debt of CN¥6.3M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥4.5B and CN¥1.6B respectively. Willfar Information Technology's EBIT is CN¥549.9M making its interest coverage ratio -16.7. It has cash and short-term investments of CN¥1.9B.
Key information
0.2%
Debt to equity ratio
CN¥6.33m
Debt
| Interest coverage ratio | -16.7x |
| Cash | CN¥1.86b |
| Equity | CN¥2.87b |
| Total liabilities | CN¥1.60b |
| Total assets | CN¥4.48b |
Recent financial health updates
Recent updates
Here's Why We Think Willfar Information Technology (SHSE:688100) Is Well Worth Watching
Apr 07
These 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¥3.9B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 688100's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥23.5M).
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 0.2% over the past 5 years.
Debt Coverage: 688100's debt is well covered by operating cash flow (6905.3%).
Interest Coverage: 688100 earns more interest than it pays, so coverage of interest payments is not a concern.