Hangzhou IECHO Science&Technology Balance Sheet Health
Financial Health criteria checks 6/6
Hangzhou IECHO Science&Technology has a total shareholder equity of CN¥613.7M and total debt of CN¥10.0M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are CN¥755.9M and CN¥142.2M respectively. Hangzhou IECHO Science&Technology's EBIT is CN¥79.0M making its interest coverage ratio -22.5. It has cash and short-term investments of CN¥375.9M.
Key information
1.6%
Debt to equity ratio
CN¥10.00m
Debt
Interest coverage ratio | -22.5x |
Cash | CN¥375.89m |
Equity | CN¥613.71m |
Total liabilities | CN¥142.20m |
Total assets | CN¥755.91m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688092's short term assets (CN¥607.7M) exceed its short term liabilities (CN¥132.2M).
Long Term Liabilities: 688092's short term assets (CN¥607.7M) exceed its long term liabilities (CN¥10.0M).
Debt to Equity History and Analysis
Debt Level: 688092 has more cash than its total debt.
Reducing Debt: 688092's debt to equity ratio has reduced from 3.2% to 1.6% over the past 5 years.
Debt Coverage: 688092's debt is well covered by operating cash flow (791%).
Interest Coverage: 688092 earns more interest than it pays, so coverage of interest payments is not a concern.