Jiangsu Huahong Technology Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Huahong Technology has a total shareholder equity of CN¥3.8B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 28.2%. Its total assets and total liabilities are CN¥6.0B and CN¥2.2B respectively.
Key information
28.2%
Debt to equity ratio
CN¥1.07b
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.05b |
Equity | CN¥3.81b |
Total liabilities | CN¥2.17b |
Total assets | CN¥5.98b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002645's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002645's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥725.3M).
Debt to Equity History and Analysis
Debt Level: 002645's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: 002645's debt to equity ratio has increased from 0.8% to 28.2% over the past 5 years.
Debt Coverage: 002645's debt is well covered by operating cash flow (48.2%).
Interest Coverage: Insufficient data to determine if 002645's interest payments on its debt are well covered by EBIT.