Zhejiang HangKe Technology Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang HangKe Technology has a total shareholder equity of CN¥5.3B and total debt of CN¥36.9M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥9.6B and CN¥4.4B respectively. Zhejiang HangKe Technology's EBIT is CN¥359.0M making its interest coverage ratio -3.6. It has cash and short-term investments of CN¥3.0B.
Key information
0.7%
Debt to equity ratio
CN¥36.86m
Debt
| Interest coverage ratio | -3.6x |
| Cash | CN¥2.96b |
| Equity | CN¥5.29b |
| Total liabilities | CN¥4.36b |
| Total assets | CN¥9.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZHT's short term assets (CN¥8.1B) exceed its short term liabilities (CN¥4.3B).
Long Term Liabilities: ZHT's short term assets (CN¥8.1B) exceed its long term liabilities (CN¥41.2M).
Debt to Equity History and Analysis
Debt Level: ZHT has more cash than its total debt.
Reducing Debt: ZHT's debt to equity ratio has increased from 0% to 0.7% over the past 5 years.
Debt Coverage: ZHT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ZHT earns more interest than it pays, so coverage of interest payments is not a concern.