Hwaway Technology Balance Sheet Health
Financial Health criteria checks 5/6
Hwaway Technology has a total shareholder equity of CN¥1.6B and total debt of CN¥68.6M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are CN¥2.4B and CN¥785.9M respectively. Hwaway Technology's EBIT is CN¥209.5M making its interest coverage ratio -21.1. It has cash and short-term investments of CN¥440.5M.
Key information
4.2%
Debt to equity ratio
CN¥68.60m
Debt
| Interest coverage ratio | -21.1x |
| Cash | CN¥440.52m |
| Equity | CN¥1.63b |
| Total liabilities | CN¥785.94m |
| Total assets | CN¥2.42b |
Financial Position Analysis
Short Term Liabilities: 001380's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥757.6M).
Long Term Liabilities: 001380's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥28.4M).
Debt to Equity History and Analysis
Debt Level: 001380 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 001380's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 001380's debt is well covered by operating cash flow (22%).
Interest Coverage: 001380 earns more interest than it pays, so coverage of interest payments is not a concern.