Wanma Technology Balance Sheet Health
Financial Health criteria checks 5/6
Wanma Technology has a total shareholder equity of CN¥475.3M and total debt of CN¥66.5M, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are CN¥821.8M and CN¥346.4M respectively. Wanma Technology's EBIT is CN¥67.1M making its interest coverage ratio -1132.2. It has cash and short-term investments of CN¥74.3M.
Key information
14.0%
Debt to equity ratio
CN¥66.54m
Debt
| Interest coverage ratio | -1132.2x |
| Cash | CN¥74.29m |
| Equity | CN¥475.35m |
| Total liabilities | CN¥346.44m |
| Total assets | CN¥821.79m |
Recent financial health updates
Recent updates
Is Wanma Technology (SZSE:300698) A Risky Investment?
Jun 27
Wanma 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¥510.9M) exceed its short term liabilities (CN¥330.8M).
Long Term Liabilities: 300698's short term assets (CN¥510.9M) exceed its long term liabilities (CN¥15.6M).
Debt to Equity History and Analysis
Debt Level: 300698 has more cash than its total debt.
Reducing Debt: 300698's debt to equity ratio has reduced from 20.6% to 14% 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.