Ningxia Western Venture IndustrialLtd Balance Sheet Health
Financial Health criteria checks 6/6
Ningxia Western Venture IndustrialLtd has a total shareholder equity of CN¥5.9B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥6.3B and CN¥408.8M respectively. Ningxia Western Venture IndustrialLtd's EBIT is CN¥256.0M making its interest coverage ratio -4.5. It has cash and short-term investments of CN¥2.3B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -4.5x |
| Cash | CN¥2.26b |
| Equity | CN¥5.93b |
| Total liabilities | CN¥408.85m |
| Total assets | CN¥6.34b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000557's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥359.0M).
Long Term Liabilities: 000557's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥49.8M).
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.