Hunan Aerospace Huanyu Communication TechnologyLTD Balance Sheet Health
Financial Health criteria checks 5/6
Hunan Aerospace Huanyu Communication TechnologyLTD has a total shareholder equity of CN¥1.7B and total debt of CN¥270.5M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are CN¥2.2B and CN¥555.1M respectively. Hunan Aerospace Huanyu Communication TechnologyLTD's EBIT is CN¥149.7M making its interest coverage ratio -13.3. It has cash and short-term investments of CN¥728.8M.
Key information
16.0%
Debt to equity ratio
CN¥270.50m
Debt
| Interest coverage ratio | -13.3x |
| Cash | CN¥728.78m |
| Equity | CN¥1.69b |
| Total liabilities | CN¥555.12m |
| Total assets | CN¥2.24b |
Financial Position Analysis
Short Term Liabilities: 688523's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥248.5M).
Long Term Liabilities: 688523's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥306.7M).
Debt to Equity History and Analysis
Debt Level: 688523 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 688523's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688523's debt is well covered by operating cash flow (20.3%).
Interest Coverage: 688523 earns more interest than it pays, so coverage of interest payments is not a concern.