WuHan Yangtze Communication Industry GroupCo.Ltd Balance Sheet Health
Financial Health criteria checks 3/6
WuHan Yangtze Communication Industry GroupCo.Ltd has a total shareholder equity of CN¥3.5B and total debt of CN¥93.1M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are CN¥4.5B and CN¥1.0B respectively.
Key information
2.7%
Debt to equity ratio
CN¥93.10m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥792.46m |
| Equity | CN¥3.46b |
| Total liabilities | CN¥1.04b |
| Total assets | CN¥4.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600345's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥932.7M).
Long Term Liabilities: 600345's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥107.0M).
Debt to Equity History and Analysis
Debt Level: 600345 has more cash than its total debt.
Reducing Debt: 600345's debt to equity ratio has increased from 1% to 2.7% over the past 5 years.
Debt Coverage: 600345's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600345's interest payments on its debt are well covered by EBIT.