Guangdong Hongtu Technology (holdings)Ltd Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Hongtu Technology (holdings)Ltd has a total shareholder equity of CN¥7.9B and total debt of CN¥751.9M, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are CN¥13.6B and CN¥5.7B respectively. Guangdong Hongtu Technology (holdings)Ltd's EBIT is CN¥353.1M making its interest coverage ratio -26.5. It has cash and short-term investments of CN¥2.4B.
Key information
9.5%
Debt to equity ratio
CN¥751.87m
Debt
| Interest coverage ratio | -26.5x |
| Cash | CN¥2.37b |
| Equity | CN¥7.91b |
| Total liabilities | CN¥5.66b |
| Total assets | CN¥13.57b |
Recent financial health updates
Recent updates
Earnings Working Against Guangdong Hongtu Technology (holdings) Co.,Ltd.'s (SZSE:002101) Share Price
Oct 14
We Think Guangdong Hongtu Technology (holdings)Ltd (SZSE:002101) Can Stay On Top Of Its Debt
May 24Guangdong Hongtu Technology (holdings)Ltd's (SZSE:002101) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 29Guangdong Hongtu Technology (holdings)Ltd (SZSE:002101) Could Be Struggling To Allocate Capital
Mar 25Guangdong Hongtu Technology (holdings) Co.,Ltd.'s (SZSE:002101) Shares Bounce 27% But Its Business Still Trails The Market
Mar 07Financial Position Analysis
Short Term Liabilities: 002101's short term assets (CN¥7.3B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: 002101's short term assets (CN¥7.3B) exceed its long term liabilities (CN¥895.8M).
Debt to Equity History and Analysis
Debt Level: 002101 has more cash than its total debt.
Reducing Debt: 002101's debt to equity ratio has reduced from 28.8% to 9.5% over the past 5 years.
Debt Coverage: 002101's debt is well covered by operating cash flow (158.5%).
Interest Coverage: 002101 earns more interest than it pays, so coverage of interest payments is not a concern.