Hwaway Technology Balance Sheet Health
Financial Health criteria checks 4/6
Hwaway Technology has a total shareholder equity of CN¥1.6B and total debt of CN¥108.0M, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are CN¥2.4B and CN¥786.6M respectively. Hwaway Technology's EBIT is CN¥182.2M making its interest coverage ratio -62.3. It has cash and short-term investments of CN¥650.2M.
Key information
6.9%
Debt to equity ratio
CN¥107.99m
Debt
| Interest coverage ratio | -62.3x |
| Cash | CN¥650.15m |
| Equity | CN¥1.57b |
| Total liabilities | CN¥786.58m |
| Total assets | CN¥2.35b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 001380's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥735.0M).
Long Term Liabilities: 001380's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥51.6M).
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 not well covered by operating cash flow (15.2%).
Interest Coverage: 001380 earns more interest than it pays, so coverage of interest payments is not a concern.