Shanghai Welltech AutomationLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Welltech AutomationLtd has a total shareholder equity of CN¥181.9M and total debt of CN¥29.0M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are CN¥304.7M and CN¥122.8M respectively.
Key information
16.0%
Debt to equity ratio
CN¥29.03m
Debt
Interest coverage ratio | n/a |
Cash | CN¥48.06m |
Equity | CN¥181.90m |
Total liabilities | CN¥122.78m |
Total assets | CN¥304.68m |
Recent financial health updates
No updates
Recent updates
More Unpleasant Surprises Could Be In Store For Shanghai Welltech Automation Co.,Ltd.'s (SZSE:002058) Shares After Tumbling 32%
Jun 06Risks Still Elevated At These Prices As Shanghai Welltech Automation Co.,Ltd. (SZSE:002058) Shares Dive 29%
Apr 21Shanghai Welltech Automation Co.,Ltd.'s (SZSE:002058) Price Is Out Of Tune With Revenues
Mar 01Financial Position Analysis
Short Term Liabilities: 002058's short term assets (CN¥235.3M) exceed its short term liabilities (CN¥115.1M).
Long Term Liabilities: 002058's short term assets (CN¥235.3M) exceed its long term liabilities (CN¥7.7M).
Debt to Equity History and Analysis
Debt Level: 002058 has more cash than its total debt.
Reducing Debt: 002058's debt to equity ratio has increased from 0% to 16% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 002058 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002058 has sufficient cash runway for 2 years if free cash flow continues to grow at historical rates of 13.9% each year.