Sichuan Huati Lighting TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Sichuan Huati Lighting TechnologyLtd has a total shareholder equity of CN¥917.7M and total debt of CN¥220.7M, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are CN¥1.5B and CN¥589.5M respectively.
Key information
24.0%
Debt to equity ratio
CN¥220.71m
Debt
Interest coverage ratio | n/a |
Cash | CN¥302.17m |
Equity | CN¥917.74m |
Total liabilities | CN¥589.54m |
Total assets | CN¥1.51b |
Financial Position Analysis
Short Term Liabilities: 603679's short term assets (CN¥971.1M) exceed its short term liabilities (CN¥370.5M).
Long Term Liabilities: 603679's short term assets (CN¥971.1M) exceed its long term liabilities (CN¥219.1M).
Debt to Equity History and Analysis
Debt Level: 603679 has more cash than its total debt.
Reducing Debt: 603679's debt to equity ratio has increased from 6.1% to 24% over the past 5 years.
Debt Coverage: 603679's debt is not well covered by operating cash flow (2.5%).
Interest Coverage: Insufficient data to determine if 603679's interest payments on its debt are well covered by EBIT.