HuiZhou Intelligence Technology Group Balance Sheet Health
Financial Health criteria checks 4/6
HuiZhou Intelligence Technology Group has a total shareholder equity of CN¥2.5B and total debt of CN¥157.6M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are CN¥3.7B and CN¥1.2B respectively.
Key information
6.3%
Debt to equity ratio
CN¥157.60m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥517.82m |
| Equity | CN¥2.52b |
| Total liabilities | CN¥1.20b |
| Total assets | CN¥3.72b |
Recent financial health updates
Is HuiZhou Intelligence Technology Group (SZSE:002122) Weighed On By Its Debt Load?
Sep 25
Is HuiZhou Intelligence Technology Group (SZSE:002122) Using Debt In A Risky Way?
May 22Recent updates
We Think That There Are More Issues For HuiZhou Intelligence Technology Group (SZSE:002122) Than Just Sluggish Earnings
Nov 05HuiZhou Intelligence Technology Group Co., Ltd's (SZSE:002122) 26% Price Boost Is Out Of Tune With Revenues
Sep 28Is HuiZhou Intelligence Technology Group (SZSE:002122) Weighed On By Its Debt Load?
Sep 25HuiZhou Intelligence Technology Group Co., Ltd's (SZSE:002122) Popularity With Investors Under Threat As Stock Sinks 29%
Jun 06Is HuiZhou Intelligence Technology Group (SZSE:002122) Using Debt In A Risky Way?
May 22Impressive Earnings May Not Tell The Whole Story For HuiZhou Intelligence Technology Group (SZSE:002122)
Apr 25What HuiZhou Intelligence Technology Group Co., Ltd's (SZSE:002122) P/E Is Not Telling You
Apr 19Financial Position Analysis
Short Term Liabilities: 002122's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 002122's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥36.0M).
Debt to Equity History and Analysis
Debt Level: 002122 has more cash than its total debt.
Reducing Debt: 002122's debt to equity ratio has reduced from 10.9% to 6.3% over the past 5 years.
Debt Coverage: 002122's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002122's interest payments on its debt are well covered by EBIT.