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¥2.6B, which brings its debt-to-equity ratio to 41%. Its total assets and total liabilities are CN¥9.3B and CN¥2.9B respectively. Guangxi Wuzhou Communications's EBIT is CN¥726.1M making its interest coverage ratio -14.5. It has cash and short-term investments of CN¥786.3M.
Key information
41.0%
Debt to equity ratio
CN¥2.64b
Debt
| Interest coverage ratio | -14.5x |
| Cash | CN¥786.26m |
| Equity | CN¥6.44b |
| Total liabilities | CN¥2.89b |
| Total assets | CN¥9.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600368's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥948.4M).
Long Term Liabilities: 600368's short term assets (CN¥1.7B) do not cover its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 600368's net debt to equity ratio (28.8%) is considered satisfactory.
Reducing Debt: 600368's debt to equity ratio has reduced from 152.8% to 41% over the past 5 years.
Debt Coverage: 600368's debt is well covered by operating cash flow (37.6%).
Interest Coverage: 600368 earns more interest than it pays, so coverage of interest payments is not a concern.