Nanjing Wavelength Opto-Electronic Science & TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Nanjing Wavelength Opto-Electronic Science & TechnologyLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥6.0M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥1.3B and CN¥154.0M respectively. Nanjing Wavelength Opto-Electronic Science & TechnologyLtd's EBIT is CN¥49.0M making its interest coverage ratio -4.1. It has cash and short-term investments of CN¥753.6M.
Key information
0.5%
Debt to equity ratio
CN¥6.00m
Debt
Interest coverage ratio | -4.1x |
Cash | CN¥753.56m |
Equity | CN¥1.19b |
Total liabilities | CN¥154.04m |
Total assets | CN¥1.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301421's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥147.7M).
Long Term Liabilities: 301421's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥6.3M).
Debt to Equity History and Analysis
Debt Level: 301421 has more cash than its total debt.
Reducing Debt: 301421's debt to equity ratio has increased from 0.4% to 0.5% over the past 5 years.
Debt Coverage: 301421's debt is well covered by operating cash flow (183.8%).
Interest Coverage: 301421 earns more interest than it pays, so coverage of interest payments is not a concern.