Wuhan Raycus Fiber Laser TechnologiesLtd Balance Sheet Health
Financial Health criteria checks 5/6
Wuhan Raycus Fiber Laser TechnologiesLtd has a total shareholder equity of CN¥3.3B and total debt of CN¥425.0M, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are CN¥5.7B and CN¥2.4B respectively. Wuhan Raycus Fiber Laser TechnologiesLtd's EBIT is CN¥92.0M making its interest coverage ratio 23. It has cash and short-term investments of CN¥978.3M.
Key information
12.7%
Debt to equity ratio
CN¥425.00m
Debt
| Interest coverage ratio | 23x |
| Cash | CN¥978.33m |
| Equity | CN¥3.35b |
| Total liabilities | CN¥2.37b |
| Total assets | CN¥5.72b |
Recent financial health updates
Does Wuhan Raycus Fiber Laser TechnologiesLtd (SZSE:300747) Have A Healthy Balance Sheet?
Oct 18
These 4 Measures Indicate That Wuhan Raycus Fiber Laser TechnologiesLtd (SZSE:300747) Is Using Debt Reasonably Well
May 24Recent updates
Does Wuhan Raycus Fiber Laser TechnologiesLtd (SZSE:300747) Have A Healthy Balance Sheet?
Oct 18Investors Appear Satisfied With Wuhan Raycus Fiber Laser Technologies Co.,Ltd.'s (SZSE:300747) Prospects As Shares Rocket 28%
Sep 30Wuhan Raycus Fiber Laser Technologies Co.,Ltd. (SZSE:300747) Analysts Just Slashed This Year's Revenue Estimates By 13%
Sep 05Returns On Capital Signal Tricky Times Ahead For Wuhan Raycus Fiber Laser TechnologiesLtd (SZSE:300747)
Aug 01When Should You Buy Wuhan Raycus Fiber Laser Technologies Co.,Ltd. (SZSE:300747)?
Jul 04A Look At The Fair Value Of Wuhan Raycus Fiber Laser Technologies Co.,Ltd. (SZSE:300747)
Jun 07These 4 Measures Indicate That Wuhan Raycus Fiber Laser TechnologiesLtd (SZSE:300747) Is Using Debt Reasonably Well
May 24We Think That There Are Issues Underlying Wuhan Raycus Fiber Laser TechnologiesLtd's (SZSE:300747) Earnings
May 02Wuhan Raycus Fiber Laser TechnologiesLtd (SZSE:300747) Might Be Having Difficulty Using Its Capital Effectively
Apr 17Wuhan Raycus Fiber Laser Technologies Co.,Ltd. Just Missed EPS By 6.8%: Here's What Analysts Think Will Happen Next
Mar 14Wuhan Raycus Fiber Laser Technologies Co.,Ltd. (SZSE:300747) Stocks Shoot Up 30% But Its P/E Still Looks Reasonable
Mar 06Financial Position Analysis
Short Term Liabilities: 300747's short term assets (CN¥4.1B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 300747's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥207.5M).
Debt to Equity History and Analysis
Debt Level: 300747 has more cash than its total debt.
Reducing Debt: 300747's debt to equity ratio has increased from 0% to 12.7% over the past 5 years.
Debt Coverage: 300747's debt is well covered by operating cash flow (111.8%).
Interest Coverage: 300747's interest payments on its debt are well covered by EBIT (23x coverage).