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¥3.0B and total debt of CN¥117.7M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are CN¥3.6B and CN¥609.8M respectively. Hangzhou Honghua Digital Technology Stock's EBIT is CN¥342.4M making its interest coverage ratio -8.1. It has cash and short-term investments of CN¥1.1B.
Key information
4.0%
Debt to equity ratio
CN¥117.72m
Debt
Interest coverage ratio | -8.1x |
Cash | CN¥1.07b |
Equity | CN¥2.96b |
Total liabilities | CN¥609.76m |
Total assets | CN¥3.57b |
Recent financial health updates
No updates
Recent updates
Is 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¥2.3B) exceed its short term liabilities (CN¥546.6M).
Long Term Liabilities: 688789's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥63.2M).
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 4% over the past 5 years.
Debt Coverage: 688789's debt is well covered by operating cash flow (107.7%).
Interest Coverage: 688789 earns more interest than it pays, so coverage of interest payments is not a concern.