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¥337.9M, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are CN¥4.0B and CN¥893.8M respectively. Hangzhou Honghua Digital Technology Stock's EBIT is CN¥422.0M making its interest coverage ratio -12.5. It has cash and short-term investments of CN¥1.2B.
Key information
10.9%
Debt to equity ratio
CN¥337.90m
Debt
| Interest coverage ratio | -12.5x |
| Cash | CN¥1.23b |
| Equity | CN¥3.11b |
| Total liabilities | CN¥893.80m |
| Total assets | CN¥4.01b |
Recent financial health updates
Here's Why Hangzhou Honghua Digital Technology Stock (SHSE:688789) Can Manage Its Debt Responsibly
Nov 18
Is Hangzhou Honghua Digital Technology Stock (SHSE:688789) Using Too Much Debt?
Jul 16Recent updates
Here's Why Hangzhou Honghua Digital Technology Stock (SHSE:688789) Can Manage Its Debt Responsibly
Nov 18Does Hangzhou Honghua Digital Technology Stock (SHSE:688789) Deserve A Spot On Your Watchlist?
Oct 28Investors 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¥2.7B) exceed its short term liabilities (CN¥838.0M).
Long Term Liabilities: 688789's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥55.8M).
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 10.9% over the past 5 years.
Debt Coverage: 688789's debt is well covered by operating cash flow (25.8%).
Interest Coverage: 688789 earns more interest than it pays, so coverage of interest payments is not a concern.