Zhejiang HangKe Technology Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang HangKe Technology has a total shareholder equity of CN¥5.2B and total debt of CN¥29.4M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥9.7B and CN¥4.5B respectively. Zhejiang HangKe Technology's EBIT is CN¥480.4M making its interest coverage ratio -5.2. It has cash and short-term investments of CN¥2.9B.
Key information
0.6%
Debt to equity ratio
CN¥29.40m
Debt
| Interest coverage ratio | -5.2x |
| Cash | CN¥2.90b |
| Equity | CN¥5.18b |
| Total liabilities | CN¥4.53b |
| Total assets | CN¥9.71b |
Recent financial health updates
Zhejiang HangKe Technology (SHSE:688006) Has A Pretty Healthy Balance Sheet
Aug 22
These 4 Measures Indicate That Zhejiang HangKe Technology (SHSE:688006) Is Using Debt Reasonably Well
May 21Recent updates
Need To Know: Analysts Just Made A Substantial Cut To Their Zhejiang HangKe Technology Incorporated Company (SHSE:688006) Estimates
Sep 03Zhejiang HangKe Technology Incorporated Company Just Missed EPS By 53%: Here's What Analysts Think Will Happen Next
Sep 01Zhejiang HangKe Technology (SHSE:688006) Has A Pretty Healthy Balance Sheet
Aug 22Zhejiang HangKe Technology Incorporated Company's (SHSE:688006) Price Is Right But Growth Is Lacking
Jul 24These 4 Measures Indicate That Zhejiang HangKe Technology (SHSE:688006) Is Using Debt Reasonably Well
May 21Impressive Earnings May Not Tell The Whole Story For Zhejiang HangKe Technology (SHSE:688006)
May 02Be Wary Of Zhejiang HangKe Technology (SHSE:688006) And Its Returns On Capital
Apr 22Investors Aren't Entirely Convinced By Zhejiang HangKe Technology Incorporated Company's (SHSE:688006) Earnings
Mar 27Financial Position Analysis
Short Term Liabilities: 688006's short term assets (CN¥8.1B) exceed its short term liabilities (CN¥4.5B).
Long Term Liabilities: 688006's short term assets (CN¥8.1B) exceed its long term liabilities (CN¥43.6M).
Debt to Equity History and Analysis
Debt Level: 688006 has more cash than its total debt.
Reducing Debt: 688006's debt to equity ratio has increased from 0% to 0.6% over the past 5 years.
Debt Coverage: 688006's debt is well covered by operating cash flow (604.6%).
Interest Coverage: 688006 earns more interest than it pays, so coverage of interest payments is not a concern.