Zhejiang HangKe Technology Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang HangKe Technology has a total shareholder equity of CN¥5.3B and total debt of CN¥12.1M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥10.1B and CN¥4.8B respectively. Zhejiang HangKe Technology's EBIT is CN¥938.6M making its interest coverage ratio -14.8. It has cash and short-term investments of CN¥2.8B.
Key information
0.2%
Debt to equity ratio
CN¥12.14m
Debt
Interest coverage ratio | -14.8x |
Cash | CN¥2.83b |
Equity | CN¥5.29b |
Total liabilities | CN¥4.82b |
Total assets | CN¥10.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688006's short term assets (CN¥8.5B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: 688006's short term assets (CN¥8.5B) exceed its long term liabilities (CN¥35.1M).
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 0.2% over the past 5 years.
Debt Coverage: 688006's debt is well covered by operating cash flow (3686.4%).
Interest Coverage: 688006 earns more interest than it pays, so coverage of interest payments is not a concern.