Weigang Environmental Technology Holding Group Balance Sheet Health
Financial Health criteria checks 3/6
Weigang Environmental Technology Holding Group has a total shareholder equity of CN¥523.0M and total debt of CN¥46.7M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are CN¥768.6M and CN¥245.6M respectively.
Key information
8.9%
Debt to equity ratio
CN¥46.68m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥108.22m |
| Equity | CN¥523.02m |
| Total liabilities | CN¥245.57m |
| Total assets | CN¥768.60m |
Recent financial health updates
Is Weigang Environmental Technology Holding Group (HKG:1845) Using Debt In A Risky Way?
Oct 24
Is Weigang Environmental Technology Holding Group (HKG:1845) Using Debt In A Risky Way?
Nov 01Is Weigang Environmental Technology Holding Group (HKG:1845) Using Debt Sensibly?
May 17Is Weigang Environmental Technology Holding Group (HKG:1845) A Risky Investment?
Jun 01Weigang Environmental Technology Holding Group (HKG:1845) Seems To Use Debt Rather Sparingly
Dec 13Recent updates
Weigang Environmental Technology Holding Group Limited (HKG:1845) Stock Rockets 52% As Investors Are Less Pessimistic Than Expected
Aug 01Weigang Environmental Technology Holding Group Limited (HKG:1845) Investors Are Less Pessimistic Than Expected
Jun 17Weigang Environmental Technology Holding Group Limited's (HKG:1845) 28% Share Price Plunge Could Signal Some Risk
Mar 13Weigang Environmental Technology Holding Group Limited's (HKG:1845) Popularity With Investors Under Threat As Stock Sinks 29%
Jan 19Is Weigang Environmental Technology Holding Group (HKG:1845) Using Debt In A Risky Way?
Oct 24Is Weigang Environmental Technology Holding Group (HKG:1845) Using Debt In A Risky Way?
Nov 01Is Weigang Environmental Technology Holding Group (HKG:1845) Using Debt Sensibly?
May 17Is Weigang Environmental Technology Holding Group (HKG:1845) A Risky Investment?
Jun 01Will Weigang Environmental Technology Holding Group (HKG:1845) Multiply In Value Going Forward?
Mar 11Have Insiders Been Selling Weigang Environmental Technology Holding Group Limited (HKG:1845) Shares This Year?
Feb 04Should You Rely On Weigang Environmental Technology Holding Group's (HKG:1845) Earnings Growth?
Jan 09
Weigang Environmental Technology Holding Group (HKG:1845) Seems To Use Debt Rather Sparingly
Dec 13Will Weigang Environmental Technology Holding Group (HKG:1845) Multiply In Value Going Forward?
Nov 25Financial Position Analysis
Short Term Liabilities: 1845's short term assets (CN¥455.6M) exceed its short term liabilities (CN¥234.6M).
Long Term Liabilities: 1845's short term assets (CN¥455.6M) exceed its long term liabilities (CN¥11.0M).
Debt to Equity History and Analysis
Debt Level: 1845 has more cash than its total debt.
Reducing Debt: 1845's debt to equity ratio has increased from 3.4% to 8.9% over the past 5 years.
Debt Coverage: 1845's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: Insufficient data to determine if 1845's interest payments on its debt are well covered by EBIT.