Weichai Power Balance Sheet Health
Financial Health criteria checks 6/6
Weichai Power has a total shareholder equity of CN¥121.3B and total debt of CN¥39.9B, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are CN¥343.8B and CN¥222.6B respectively. Weichai Power's EBIT is CN¥16.0B making its interest coverage ratio -85.5. It has cash and short-term investments of CN¥83.1B.
Key information
32.9%
Debt to equity ratio
CN¥39.87b
Debt
| Interest coverage ratio | -85.5x |
| Cash | CN¥83.06b |
| Equity | CN¥121.25b |
| Total liabilities | CN¥222.56b |
| Total assets | CN¥343.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WEIC.F's short term assets (CN¥186.0B) exceed its short term liabilities (CN¥151.6B).
Long Term Liabilities: WEIC.F's short term assets (CN¥186.0B) exceed its long term liabilities (CN¥71.0B).
Debt to Equity History and Analysis
Debt Level: WEIC.F has more cash than its total debt.
Reducing Debt: WEIC.F's debt to equity ratio has reduced from 59.1% to 32.9% over the past 5 years.
Debt Coverage: WEIC.F's debt is well covered by operating cash flow (52.4%).
Interest Coverage: WEIC.F earns more interest than it pays, so coverage of interest payments is not a concern.