WuXi AppTec Balance Sheet Health
Financial Health criteria checks 5/6
WuXi AppTec has a total shareholder equity of CN¥55.5B and total debt of CN¥4.4B, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are CN¥73.7B and CN¥18.2B respectively. WuXi AppTec's EBIT is CN¥11.0B making its interest coverage ratio -22.7. It has cash and short-term investments of CN¥14.6B.
Key information
7.8%
Debt to equity ratio
CN¥4.35b
Debt
Interest coverage ratio | -22.7x |
Cash | CN¥14.56b |
Equity | CN¥55.52b |
Total liabilities | CN¥18.15b |
Total assets | CN¥73.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WX8's short term assets (CN¥30.4B) exceed its short term liabilities (CN¥14.8B).
Long Term Liabilities: WX8's short term assets (CN¥30.4B) exceed its long term liabilities (CN¥3.4B).
Debt to Equity History and Analysis
Debt Level: WX8 has more cash than its total debt.
Reducing Debt: WX8's debt to equity ratio has increased from 0.7% to 7.8% over the past 5 years.
Debt Coverage: WX8's debt is well covered by operating cash flow (307.5%).
Interest Coverage: WX8 earns more interest than it pays, so coverage of interest payments is not a concern.