Wuhu Token Sciences Balance Sheet Health
Financial Health criteria checks 4/6
Wuhu Token Sciences has a total shareholder equity of CN¥8.9B and total debt of CN¥3.2B, which brings its debt-to-equity ratio to 35.8%. Its total assets and total liabilities are CN¥16.1B and CN¥7.1B respectively. Wuhu Token Sciences's EBIT is CN¥138.8M making its interest coverage ratio 5.4. It has cash and short-term investments of CN¥1.7B.
Key information
35.8%
Debt to equity ratio
CN¥3.21b
Debt
Interest coverage ratio | 5.4x |
Cash | CN¥1.73b |
Equity | CN¥8.95b |
Total liabilities | CN¥7.13b |
Total assets | CN¥16.08b |
Recent financial health updates
Recent updates
Investors Could Be Concerned With Wuhu Token Sciences' (SZSE:300088) Returns On Capital
Nov 19Wuhu Token Sciences' (SZSE:300088) Weak Earnings Might Be Worse Than They Appear
Nov 02Wuhu Token Sciences Co., Ltd.'s (SZSE:300088) Share Price Boosted 54% But Its Business Prospects Need A Lift Too
Oct 08Wuhu Token Sciences (SZSE:300088) Might Be Having Difficulty Using Its Capital Effectively
Aug 09Is Wuhu Token Sciences (SZSE:300088) Using Too Much Debt?
Jul 18Wuhu Token Sciences Co., Ltd. (SZSE:300088) Not Lagging Market On Growth Or Pricing
Jun 26Wuhu Token Sciences' (SZSE:300088) Dividend Will Be Reduced To CN¥0.07
Jun 03Wuhu Token Sciences' (SZSE:300088) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 02Earnings Tell The Story For Wuhu Token Sciences Co., Ltd. (SZSE:300088) As Its Stock Soars 26%
Mar 04Wuhu Token Sciences (SZSE:300088) Will Want To Turn Around Its Return Trends
Feb 27Financial Position Analysis
Short Term Liabilities: 300088's short term assets (CN¥7.5B) exceed its short term liabilities (CN¥6.3B).
Long Term Liabilities: 300088's short term assets (CN¥7.5B) exceed its long term liabilities (CN¥865.1M).
Debt to Equity History and Analysis
Debt Level: 300088's net debt to equity ratio (16.5%) is considered satisfactory.
Reducing Debt: 300088's debt to equity ratio has increased from 35.4% to 35.8% over the past 5 years.
Debt Coverage: 300088's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300088's interest payments on its debt are well covered by EBIT (5.4x coverage).