Ningxia Western Venture IndustrialLtd Balance Sheet Health
Financial Health criteria checks 6/6
Ningxia Western Venture IndustrialLtd has a total shareholder equity of CN¥6.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥6.6B and CN¥542.4M respectively. Ningxia Western Venture IndustrialLtd's EBIT is CN¥269.9M making its interest coverage ratio -4.8. It has cash and short-term investments of CN¥2.4B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -4.8x |
| Cash | CN¥2.37b |
| Equity | CN¥6.08b |
| Total liabilities | CN¥542.41m |
| Total assets | CN¥6.62b |
Recent financial health updates
No updates
Recent updates
Optimistic Investors Push Ningxia Western Venture Industrial Co.,Ltd. (SZSE:000557) Shares Up 36% But Growth Is Lacking
Nov 08
Do Ningxia Western Venture IndustrialLtd's (SZSE:000557) Earnings Warrant Your Attention?
Sep 25Some Confidence Is Lacking In Ningxia Western Venture Industrial Co.,Ltd.'s (SZSE:000557) P/E
Aug 23Returns At Ningxia Western Venture IndustrialLtd (SZSE:000557) Appear To Be Weighed Down
Jul 16Financial Position Analysis
Short Term Liabilities: 000557's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥492.3M).
Long Term Liabilities: 000557's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥50.1M).
Debt to Equity History and Analysis
Debt Level: 000557 is debt free.
Reducing Debt: 000557 had no debt 5 years ago.
Debt Coverage: 000557 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 000557 has no debt, therefore coverage of interest payments is not a concern.