Weimob Balance Sheet Health
Financial Health criteria checks 4/6
Weimob has a total shareholder equity of CN¥2.5B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 77.1%. Its total assets and total liabilities are CN¥7.5B and CN¥5.0B respectively.
Key information
77.1%
Debt to equity ratio
CN¥1.94b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.47b |
| Equity | CN¥2.51b |
| Total liabilities | CN¥4.96b |
| Total assets | CN¥7.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WEMX.F's short term assets (CN¥4.5B) do not cover its short term liabilities (CN¥4.6B).
Long Term Liabilities: WEMX.F's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥357.7M).
Debt to Equity History and Analysis
Debt Level: WEMX.F's net debt to equity ratio (18.4%) is considered satisfactory.
Reducing Debt: WEMX.F's debt to equity ratio has increased from 22.4% to 77.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: WEMX.F has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: WEMX.F has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 17.3% each year.