Hamaton Automotive Technology Balance Sheet Health
Financial Health criteria checks 5/6
Hamaton Automotive Technology has a total shareholder equity of CN¥1.1B and total debt of CN¥41.1M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are CN¥1.4B and CN¥314.1M respectively. Hamaton Automotive Technology's EBIT is CN¥139.9M making its interest coverage ratio -16.5. It has cash and short-term investments of CN¥334.0M.
Key information
3.8%
Debt to equity ratio
CN¥41.07m
Debt
Interest coverage ratio | -16.5x |
Cash | CN¥333.98m |
Equity | CN¥1.08b |
Total liabilities | CN¥314.13m |
Total assets | CN¥1.40b |
Financial Position Analysis
Short Term Liabilities: 300643's short term assets (CN¥778.9M) exceed its short term liabilities (CN¥264.5M).
Long Term Liabilities: 300643's short term assets (CN¥778.9M) exceed its long term liabilities (CN¥49.6M).
Debt to Equity History and Analysis
Debt Level: 300643 has more cash than its total debt.
Reducing Debt: 300643's debt to equity ratio has increased from 0% to 3.8% over the past 5 years.
Debt Coverage: 300643's debt is well covered by operating cash flow (514.2%).
Interest Coverage: 300643 earns more interest than it pays, so coverage of interest payments is not a concern.