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¥1.1B, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are CN¥18.5B and CN¥10.0B respectively. Huizhou Desay SV Automotive's EBIT is CN¥1.6B making its interest coverage ratio 101. It has cash and short-term investments of CN¥1.1B.
Key information
12.8%
Debt to equity ratio
CN¥1.08b
Debt
| Interest coverage ratio | 101x |
| Cash | CN¥1.09b |
| Equity | CN¥8.47b |
| Total liabilities | CN¥10.01b |
| Total assets | CN¥18.48b |
Recent financial health updates
Recent updates
Investors Interested In Huizhou Desay SV Automotive Co., Ltd.'s (SZSE:002920) Earnings
Jun 19
Huizhou 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¥14.0B) exceed its short term liabilities (CN¥8.8B).
Long Term Liabilities: 002920's short term assets (CN¥14.0B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 002920 has more cash than its total debt.
Reducing Debt: 002920's debt to equity ratio has increased from 0.4% to 12.8% over the past 5 years.
Debt Coverage: 002920's debt is well covered by operating cash flow (106.2%).
Interest Coverage: 002920's interest payments on its debt are well covered by EBIT (101x coverage).