Wuhan Ligong Guangke Balance Sheet Health
Financial Health criteria checks 6/6
Wuhan Ligong Guangke has a total shareholder equity of CN¥1.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.6B and CN¥564.9M respectively. Wuhan Ligong Guangke's EBIT is CN¥13.1M making its interest coverage ratio -0.9. It has cash and short-term investments of CN¥574.3M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -0.9x |
| Cash | CN¥574.30m |
| Equity | CN¥1.03b |
| Total liabilities | CN¥564.89m |
| Total assets | CN¥1.59b |
Recent financial health updates
No updates
Recent updates
Wuhan Ligong Guangke (SZSE:300557) Is Looking To Continue Growing Its Returns On Capital
Aug 01
Wuhan Ligong Guangke Co., Ltd.'s (SZSE:300557) Popularity With Investors Is Under Threat From Overpricing
Jun 09We Think Wuhan Ligong Guangke's (SZSE:300557) Robust Earnings Are Conservative
Apr 05Wuhan Ligong Guangke Co., Ltd. (SZSE:300557) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
Mar 07Financial Position Analysis
Short Term Liabilities: 300557's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥554.8M).
Long Term Liabilities: 300557's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥10.1M).
Debt to Equity History and Analysis
Debt Level: 300557 is debt free.
Reducing Debt: 300557 has no debt compared to 5 years ago when its debt to equity ratio was 10.1%.
Debt Coverage: 300557 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300557 has no debt, therefore coverage of interest payments is not a concern.