Elegant Home-Tech Balance Sheet Health
Financial Health criteria checks 5/6
Elegant Home-Tech has a total shareholder equity of CN¥1.7B and total debt of CN¥273.4M, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are CN¥2.4B and CN¥691.0M respectively. Elegant Home-Tech's EBIT is CN¥149.0M making its interest coverage ratio 20. It has cash and short-term investments of CN¥445.6M.
Key information
16.5%
Debt to equity ratio
CN¥273.39m
Debt
| Interest coverage ratio | 20x |
| Cash | CN¥445.58m |
| Equity | CN¥1.66b |
| Total liabilities | CN¥691.00m |
| Total assets | CN¥2.35b |
Recent financial health updates
No updates
Recent updates
Elegant Home-Tech Co., Ltd.'s (SHSE:603221) Share Price Could Signal Some Risk
Oct 03
Elegant Home-Tech (SHSE:603221) Will Be Hoping To Turn Its Returns On Capital Around
Jul 12Elegant Home-Tech Co., Ltd.'s (SHSE:603221) Popularity With Investors Under Threat As Stock Sinks 29%
Apr 26Elegant Home-Tech Co., Ltd.'s (SHSE:603221) Price Is Out Of Tune With Revenues
Mar 04Financial Position Analysis
Short Term Liabilities: 603221's short term assets (CN¥926.7M) exceed its short term liabilities (CN¥568.3M).
Long Term Liabilities: 603221's short term assets (CN¥926.7M) exceed its long term liabilities (CN¥122.7M).
Debt to Equity History and Analysis
Debt Level: 603221 has more cash than its total debt.
Reducing Debt: 603221's debt to equity ratio has increased from 11.6% to 16.5% over the past 5 years.
Debt Coverage: 603221's debt is well covered by operating cash flow (81.6%).
Interest Coverage: 603221's interest payments on its debt are well covered by EBIT (20x coverage).