Wutong Holding Group Balance Sheet Health
Financial Health criteria checks 5/6
Wutong Holding Group has a total shareholder equity of CN¥1.3B and total debt of CN¥526.4M, which brings its debt-to-equity ratio to 40%. Its total assets and total liabilities are CN¥2.6B and CN¥1.3B respectively. Wutong Holding Group's EBIT is CN¥79.8M making its interest coverage ratio 7.7. It has cash and short-term investments of CN¥407.6M.
Key information
40.0%
Debt to equity ratio
CN¥526.41m
Debt
Interest coverage ratio | 7.7x |
Cash | CN¥407.56m |
Equity | CN¥1.32b |
Total liabilities | CN¥1.27b |
Total assets | CN¥2.59b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 300292's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 300292's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥3.7M).
Debt to Equity History and Analysis
Debt Level: 300292's net debt to equity ratio (9%) is considered satisfactory.
Reducing Debt: 300292's debt to equity ratio has reduced from 43.7% to 40% over the past 5 years.
Debt Coverage: 300292's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300292's interest payments on its debt are well covered by EBIT (7.7x coverage).