Hangzhou Honghua Digital Technology Stock Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Honghua Digital Technology Stock has a total shareholder equity of CN¥3.1B and total debt of CN¥181.9M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CN¥3.8B and CN¥704.6M respectively. Hangzhou Honghua Digital Technology Stock's EBIT is CN¥396.3M making its interest coverage ratio -10.9. It has cash and short-term investments of CN¥1.1B.
Key information
5.9%
Debt to equity ratio
CN¥181.89m
Debt
| Interest coverage ratio | -10.9x |
| Cash | CN¥1.14b |
| Equity | CN¥3.09b |
| Total liabilities | CN¥704.58m |
| Total assets | CN¥3.79b |
Recent financial health updates
Recent updates
Does Hangzhou Honghua Digital Technology Stock (SHSE:688789) Deserve A Spot On Your Watchlist?
Oct 28
Investors Still Waiting For A Pull Back In Hangzhou Honghua Digital Technology Stock Company LTD. (SHSE:688789)
Sep 26Is It Time To Consider Buying Hangzhou Honghua Digital Technology Stock Company LTD. (SHSE:688789)?
Aug 29Capital Allocation Trends At Hangzhou Honghua Digital Technology Stock (SHSE:688789) Aren't Ideal
Aug 03Is Hangzhou Honghua Digital Technology Stock (SHSE:688789) Using Too Much Debt?
Jul 16Is It Too Late To Consider Buying Hangzhou Honghua Digital Technology Stock Company LTD. (SHSE:688789)?
May 22Hangzhou Honghua Digital Technology Stock's (SHSE:688789) Solid Earnings May Rest On Weak Foundations
May 06Hangzhou Honghua Digital Technology Stock (SHSE:688789) Will Be Hoping To Turn Its Returns On Capital Around
Apr 15Unpleasant Surprises Could Be In Store For Hangzhou Honghua Digital Technology Stock Company LTD.'s (SHSE:688789) Shares
Mar 18Financial Position Analysis
Short Term Liabilities: 688789's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥667.9M).
Long Term Liabilities: 688789's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥36.6M).
Debt to Equity History and Analysis
Debt Level: 688789 has more cash than its total debt.
Reducing Debt: 688789's debt to equity ratio has increased from 0% to 5.9% over the past 5 years.
Debt Coverage: 688789's debt is well covered by operating cash flow (71.2%).
Interest Coverage: 688789 earns more interest than it pays, so coverage of interest payments is not a concern.