Guangxi Wuzhou Communications Balance Sheet Health
Financial Health criteria checks 5/6
Guangxi Wuzhou Communications has a total shareholder equity of CN¥6.7B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 40.5%. Its total assets and total liabilities are CN¥9.6B and CN¥2.9B respectively. Guangxi Wuzhou Communications's EBIT is CN¥728.5M making its interest coverage ratio -12.6. It has cash and short-term investments of CN¥827.0M.
Key information
40.5%
Debt to equity ratio
CN¥2.70b
Debt
| Interest coverage ratio | -12.6x |
| Cash | CN¥827.04m |
| Equity | CN¥6.66b |
| Total liabilities | CN¥2.94b |
| Total assets | CN¥9.59b |
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¥1.0B).
Long Term Liabilities: 600368's short term assets (CN¥1.8B) 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 (28.1%) is considered satisfactory.
Reducing Debt: 600368's debt to equity ratio has reduced from 147.3% to 40.5% over the past 5 years.
Debt Coverage: 600368's debt is well covered by operating cash flow (36.7%).
Interest Coverage: 600368 earns more interest than it pays, so coverage of interest payments is not a concern.