Guangxi Wuzhou Communications Balance Sheet Health
Financial Health criteria checks 5/6
Guangxi Wuzhou Communications has a total shareholder equity of CN¥6.4B and total debt of CN¥2.8B, which brings its debt-to-equity ratio to 43%. Its total assets and total liabilities are CN¥9.5B and CN¥3.0B respectively. Guangxi Wuzhou Communications's EBIT is CN¥767.2M making its interest coverage ratio -17.4. It has cash and short-term investments of CN¥889.3M.
Key information
43.0%
Debt to equity ratio
CN¥2.77b
Debt
Interest coverage ratio | -17.4x |
Cash | CN¥889.34m |
Equity | CN¥6.44b |
Total liabilities | CN¥3.03b |
Total assets | CN¥9.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600368's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥952.5M).
Long Term Liabilities: 600368's short term assets (CN¥1.8B) do not cover its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 600368's net debt to equity ratio (29.2%) is considered satisfactory.
Reducing Debt: 600368's debt to equity ratio has reduced from 147% to 43% over the past 5 years.
Debt Coverage: 600368's debt is well covered by operating cash flow (34.8%).
Interest Coverage: 600368 earns more interest than it pays, so coverage of interest payments is not a concern.