Wuhan Jingce Electronic GroupLtd Balance Sheet Health
Financial Health criteria checks 3/6
Wuhan Jingce Electronic GroupLtd has a total shareholder equity of CN¥4.2B and total debt of CN¥3.1B, which brings its debt-to-equity ratio to 75.4%. Its total assets and total liabilities are CN¥9.2B and CN¥5.0B respectively.
Key information
75.4%
Debt to equity ratio
CN¥3.13b
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.51b |
Equity | CN¥4.15b |
Total liabilities | CN¥5.01b |
Total assets | CN¥9.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300567's short term assets (CN¥5.4B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 300567's short term assets (CN¥5.4B) exceed its long term liabilities (CN¥2.4B).
Debt to Equity History and Analysis
Debt Level: 300567's net debt to equity ratio (39%) is considered satisfactory.
Reducing Debt: 300567's debt to equity ratio has increased from 47.6% to 75.4% over the past 5 years.
Debt Coverage: 300567's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: Insufficient data to determine if 300567's interest payments on its debt are well covered by EBIT.