World Precision Machinery Balance Sheet Health
Financial Health criteria checks 5/6
World Precision Machinery has a total shareholder equity of CN¥1.0B and total debt of CN¥245.0M, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are CN¥2.1B and CN¥1.1B respectively. World Precision Machinery's EBIT is CN¥833.5K making its interest coverage ratio -0.2. It has cash and short-term investments of CN¥385.8M.
Key information
23.6%
Debt to equity ratio
CN¥245.00m
Debt
| Interest coverage ratio | -0.2x |
| Cash | CN¥385.77m |
| Equity | CN¥1.04b |
| Total liabilities | CN¥1.07b |
| Total assets | CN¥2.11b |
Recent financial health updates
Recent updates
The Return Trends At World Precision Machinery (SGX:B49) Look Promising
Oct 11
These 4 Measures Indicate That World Precision Machinery (SGX:B49) Is Using Debt Reasonably Well
Aug 15Returns At World Precision Machinery (SGX:B49) Are On The Way Up
Jul 12World Precision Machinery (SGX:B49) Is Looking To Continue Growing Its Returns On Capital
Jun 25World Precision Machinery (SGX:B49) Might Have The Makings Of A Multi-Bagger
Dec 16If You Like EPS Growth Then Check Out World Precision Machinery (SGX:B49) Before It's Too Late
Sep 21World Precision Machinery (SGX:B49) Is Looking To Continue Growing Its Returns On Capital
Jul 14Do World Precision Machinery's (SGX:B49) Earnings Warrant Your Attention?
May 01Capital Allocation Trends At World Precision Machinery (SGX:B49) Aren't Ideal
Apr 06World Precision Machinery Limited (SGX:B49) Is Yielding 4.1% - But Is It A Buy?
Mar 02World Precision Machinery's (SGX:B49) Stock Price Has Reduced 35% In The Past Five Years
Jan 21
Can World Precision Machinery (SGX:B49) Turn Things Around?
Dec 08Financial Position Analysis
Short Term Liabilities: B49's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥933.4M).
Long Term Liabilities: B49's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥135.2M).
Debt to Equity History and Analysis
Debt Level: B49 has more cash than its total debt.
Reducing Debt: B49's debt to equity ratio has increased from 4.4% to 23.6% over the past 5 years.
Debt Coverage: B49's debt is well covered by operating cash flow (22%).
Interest Coverage: B49 earns more interest than it pays, so coverage of interest payments is not a concern.