Wanma Technology Balance Sheet Health
Financial Health criteria checks 4/6
Wanma Technology has a total shareholder equity of CN¥474.3M and total debt of CN¥170.4M, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are CN¥926.7M and CN¥452.5M respectively. Wanma Technology's EBIT is CN¥59.0M making its interest coverage ratio -225. It has cash and short-term investments of CN¥79.9M.
Key information
35.9%
Debt to equity ratio
CN¥170.40m
Debt
| Interest coverage ratio | -225x |
| Cash | CN¥79.86m |
| Equity | CN¥474.27m |
| Total liabilities | CN¥452.46m |
| Total assets | CN¥926.73m |
Recent financial health updates
Recent updates
Wanma Technology's (SZSE:300698) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 04
Wanma Technology Co., Ltd. (SZSE:300698) Stock Rockets 55% As Investors Are Less Pessimistic Than Expected
Oct 09If EPS Growth Is Important To You, Wanma Technology (SZSE:300698) Presents An Opportunity
Sep 30Is Wanma Technology (SZSE:300698) A Risky Investment?
Jun 27Wanma Technology Co., Ltd.'s (SZSE:300698) P/E Still Appears To Be Reasonable
Jun 07Do Wanma Technology's (SZSE:300698) Earnings Warrant Your Attention?
May 22Investors Shouldn't Be Too Comfortable With Wanma Technology's (SZSE:300698) Earnings
Apr 05Wanma Technology Co., Ltd. (SZSE:300698) Stock Rockets 31% As Investors Are Less Pessimistic Than Expected
Mar 06Wanma Technology (SZSE:300698) Is Doing The Right Things To Multiply Its Share Price
Feb 27Financial Position Analysis
Short Term Liabilities: 300698's short term assets (CN¥578.3M) exceed its short term liabilities (CN¥426.5M).
Long Term Liabilities: 300698's short term assets (CN¥578.3M) exceed its long term liabilities (CN¥26.0M).
Debt to Equity History and Analysis
Debt Level: 300698's net debt to equity ratio (19.1%) is considered satisfactory.
Reducing Debt: 300698's debt to equity ratio has increased from 19.5% to 35.9% over the past 5 years.
Debt Coverage: 300698's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300698 earns more interest than it pays, so coverage of interest payments is not a concern.