Huizhou Desay SV Automotive Balance Sheet Health
Financial Health criteria checks 5/6
Huizhou Desay SV Automotive has a total shareholder equity of CN¥8.5B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are CN¥17.2B and CN¥8.8B respectively. Huizhou Desay SV Automotive's EBIT is CN¥1.8B making its interest coverage ratio 104.4. It has cash and short-term investments of CN¥797.7M.
Key information
14.2%
Debt to equity ratio
CN¥1.20b
Debt
| Interest coverage ratio | 104.4x |
| Cash | CN¥797.70m |
| Equity | CN¥8.48b |
| Total liabilities | CN¥8.76b |
| Total assets | CN¥17.24b |
Recent financial health updates
Here's Why Huizhou Desay SV Automotive (SZSE:002920) Can Manage Its Debt Responsibly
Aug 16
Does Huizhou Desay SV Automotive (SZSE:002920) Have A Healthy Balance Sheet?
May 09Recent updates
Earnings Tell The Story For Huizhou Desay SV Automotive Co., Ltd. (SZSE:002920) As Its Stock Soars 28%
Sep 27Huizhou Desay SV Automotive (SZSE:002920) Might Have The Makings Of A Multi-Bagger
Sep 10Huizhou Desay SV Automotive Co., Ltd. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Aug 22Here's Why Huizhou Desay SV Automotive (SZSE:002920) Can Manage Its Debt Responsibly
Aug 16Investors Interested In Huizhou Desay SV Automotive Co., Ltd.'s (SZSE:002920) Earnings
Jun 19Huizhou Desay SV Automotive's (SZSE:002920) Returns On Capital Are Heading Higher
May 27Does Huizhou Desay SV Automotive (SZSE:002920) Have A Healthy Balance Sheet?
May 09At CN¥118, Is It Time To Put Huizhou Desay SV Automotive Co., Ltd. (SZSE:002920) On Your Watch List?
Apr 22We Think That There Are Some Issues For Huizhou Desay SV Automotive (SZSE:002920) Beyond Its Promising Earnings
Apr 03Huizhou Desay SV Automotive Co., Ltd. Beat Revenue Forecasts By 6.0%: Here's What Analysts Are Forecasting Next
Apr 01A Look At The Intrinsic Value Of Huizhou Desay SV Automotive Co., Ltd. (SZSE:002920)
Mar 15Pinning Down Huizhou Desay SV Automotive Co., Ltd.'s (SZSE:002920) P/E Is Difficult Right Now
Feb 29Financial Position Analysis
Short Term Liabilities: 002920's short term assets (CN¥12.6B) exceed its short term liabilities (CN¥7.7B).
Long Term Liabilities: 002920's short term assets (CN¥12.6B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 002920's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: 002920's debt to equity ratio has increased from 0.2% to 14.2% over the past 5 years.
Debt Coverage: 002920's debt is well covered by operating cash flow (120.9%).
Interest Coverage: 002920's interest payments on its debt are well covered by EBIT (104.4x coverage).