Wuhan Guide Infrared Balance Sheet Health
Financial Health criteria checks 4/6
Wuhan Guide Infrared has a total shareholder equity of CN¥6.8B and total debt of CN¥750.5M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are CN¥8.8B and CN¥2.0B respectively. Wuhan Guide Infrared's EBIT is CN¥2.2M making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥1.2B.
Key information
11.0%
Debt to equity ratio
CN¥750.45m
Debt
Interest coverage ratio | -0.06x |
Cash | CN¥1.18b |
Equity | CN¥6.81b |
Total liabilities | CN¥1.99b |
Total assets | CN¥8.80b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002414's short term assets (CN¥5.4B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 002414's short term assets (CN¥5.4B) exceed its long term liabilities (CN¥377.8M).
Debt to Equity History and Analysis
Debt Level: 002414 has more cash than its total debt.
Reducing Debt: 002414's debt to equity ratio has increased from 7.7% to 11% over the past 5 years.
Debt Coverage: 002414's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002414 earns more interest than it pays, so coverage of interest payments is not a concern.