Wuhan Huazhong Numerical ControlLtd Balance Sheet Health
Financial Health criteria checks 2/6
Wuhan Huazhong Numerical ControlLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 93.9%. Its total assets and total liabilities are CN¥4.9B and CN¥3.2B respectively.
Key information
93.9%
Debt to equity ratio
CN¥1.67b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥436.89m |
| Equity | CN¥1.78b |
| Total liabilities | CN¥3.16b |
| Total assets | CN¥4.94b |
Recent financial health updates
Does Wuhan Huazhong Numerical ControlLtd (SZSE:300161) Have A Healthy Balance Sheet?
Sep 27
Does Wuhan Huazhong Numerical ControlLtd (SZSE:300161) Have A Healthy Balance Sheet?
Apr 23Recent updates
Wuhan Huazhong Numerical Control Co.,Ltd.'s (SZSE:300161) Shares Leap 26% Yet They're Still Not Telling The Full Story
Sep 28Does Wuhan Huazhong Numerical ControlLtd (SZSE:300161) Have A Healthy Balance Sheet?
Sep 27Market Cool On Wuhan Huazhong Numerical Control Co.,Ltd.'s (SZSE:300161) Revenues
Jun 06Does Wuhan Huazhong Numerical ControlLtd (SZSE:300161) Have A Healthy Balance Sheet?
Apr 23Revenues Not Telling The Story For Wuhan Huazhong Numerical Control System, Inc. (SZSE:300161) After Shares Rise 27%
Feb 26Financial Position Analysis
Short Term Liabilities: 300161's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 300161's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 300161's net debt to equity ratio (69.3%) is considered high.
Reducing Debt: 300161's debt to equity ratio has increased from 42.1% to 93.9% over the past 5 years.
Debt Coverage: 300161's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300161's interest payments on its debt are well covered by EBIT.