Suzhou Huaya Intelligence Technology Balance Sheet Health
Financial Health criteria checks 5/6
Suzhou Huaya Intelligence Technology has a total shareholder equity of CN¥1.2B and total debt of CN¥248.5M, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are CN¥1.5B and CN¥369.7M respectively. Suzhou Huaya Intelligence Technology's EBIT is CN¥74.8M making its interest coverage ratio -8.4. It has cash and short-term investments of CN¥753.8M.
Key information
21.4%
Debt to equity ratio
CN¥248.48m
Debt
Interest coverage ratio | -8.4x |
Cash | CN¥753.78m |
Equity | CN¥1.16b |
Total liabilities | CN¥369.73m |
Total assets | CN¥1.53b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 003043's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥88.2M).
Long Term Liabilities: 003043's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥281.5M).
Debt to Equity History and Analysis
Debt Level: 003043 has more cash than its total debt.
Reducing Debt: 003043's debt to equity ratio has increased from 5.5% to 21.4% over the past 5 years.
Debt Coverage: 003043's debt is well covered by operating cash flow (33.9%).
Interest Coverage: 003043 earns more interest than it pays, so coverage of interest payments is not a concern.