Guangdong Weide Information Technology CO.Ltd Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Weide Information TechnologyLtd has a total shareholder equity of CN¥840.2M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥865.1M and CN¥24.8M respectively. Guangdong Weide Information TechnologyLtd's EBIT is CN¥10.3M making its interest coverage ratio -1. It has cash and short-term investments of CN¥579.6M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -1x |
| Cash | CN¥579.59m |
| Equity | CN¥840.24m |
| Total liabilities | CN¥24.82m |
| Total assets | CN¥865.06m |
Financial Position Analysis
Short Term Liabilities: 688171's short term assets (CN¥733.0M) exceed its short term liabilities (CN¥24.3M).
Long Term Liabilities: 688171's short term assets (CN¥733.0M) exceed its long term liabilities (CN¥494.7K).
Debt to Equity History and Analysis
Debt Level: 688171 is debt free.
Reducing Debt: 688171 has no debt compared to 5 years ago when its debt to equity ratio was 8.7%.
Debt Coverage: 688171 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688171 has no debt, therefore coverage of interest payments is not a concern.