Wuhan Huazhong Numerical ControlLtd Balance Sheet Health
Financial Health criteria checks 3/6
Wuhan Huazhong Numerical ControlLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 67%. Its total assets and total liabilities are CN¥4.7B and CN¥2.9B respectively.
Key information
67.0%
Debt to equity ratio
CN¥1.20b
Debt
Interest coverage ratio | n/a |
Cash | CN¥584.39m |
Equity | CN¥1.79b |
Total liabilities | CN¥2.93b |
Total assets | CN¥4.71b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 300161's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 300161's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥817.8M).
Debt to Equity History and Analysis
Debt Level: 300161's net debt to equity ratio (34.3%) is considered satisfactory.
Reducing Debt: 300161's debt to equity ratio has increased from 34.1% to 67% over the past 5 years.
Debt Coverage: 300161's debt is not well covered by operating cash flow (10.5%).
Interest Coverage: Insufficient data to determine if 300161's interest payments on its debt are well covered by EBIT.