Hoymiles Power Electronics Balance Sheet Health
Financial Health criteria checks 6/6
Hoymiles Power Electronics has a total shareholder equity of CN¥6.2B and total debt of CN¥646.2M, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are CN¥8.1B and CN¥1.9B respectively. Hoymiles Power Electronics's EBIT is CN¥213.3M making its interest coverage ratio -1.8. It has cash and short-term investments of CN¥4.3B.
Key information
10.4%
Debt to equity ratio
CN¥646.20m
Debt
| Interest coverage ratio | -1.8x |
| Cash | CN¥4.35b |
| Equity | CN¥6.23b |
| Total liabilities | CN¥1.87b |
| Total assets | CN¥8.10b |
Recent financial health updates
Recent updates
We Believe That Hoymiles Power Electronics' (SHSE:688032) Weak Earnings Are A Good Indicator Of Underlying Profitability
Nov 07
Why Investors Shouldn't Be Surprised By Hoymiles Power Electronics Inc.'s (SHSE:688032) 26% Share Price Surge
Sep 30Time To Worry? Analysts Are Downgrading Their Hoymiles Power Electronics Inc. (SHSE:688032) Outlook
Sep 02Hoymiles Power Electronics Inc.'s (SHSE:688032) 29% Jump Shows Its Popularity With Investors
Aug 06Hoymiles Power Electronics Inc.'s (SHSE:688032) Stock Retreats 27% But Earnings Haven't Escaped The Attention Of Investors
Jun 21These 4 Measures Indicate That Hoymiles Power Electronics (SHSE:688032) Is Using Debt Reasonably Well
Jun 03Hoymiles Power Electronics (SHSE:688032) Posted Weak Earnings But There Is More To Worry About
May 06Hoymiles Power Electronics Inc.'s (SHSE:688032) 34% Price Boost Is Out Of Tune With Earnings
Mar 04Financial Position Analysis
Short Term Liabilities: 688032's short term assets (CN¥6.2B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 688032's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥384.8M).
Debt to Equity History and Analysis
Debt Level: 688032 has more cash than its total debt.
Reducing Debt: 688032's debt to equity ratio has reduced from 42.6% to 10.4% over the past 5 years.
Debt Coverage: 688032's debt is well covered by operating cash flow (21%).
Interest Coverage: 688032 earns more interest than it pays, so coverage of interest payments is not a concern.