Jiangsu Huasheng Tianlong PhotoelectricLtd Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Huasheng Tianlong PhotoelectricLtd has a total shareholder equity of CN¥20.7M and total debt of CN¥19.9K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥321.1M and CN¥300.4M respectively. Jiangsu Huasheng Tianlong PhotoelectricLtd's EBIT is CN¥2.3M making its interest coverage ratio -7.8. It has cash and short-term investments of CN¥21.4M.
Key information
0.1%
Debt to equity ratio
CN¥19.90k
Debt
| Interest coverage ratio | -7.8x |
| Cash | CN¥21.39m |
| Equity | CN¥20.74m |
| Total liabilities | CN¥300.38m |
| Total assets | CN¥321.11m |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By Jiangsu Huasheng Tianlong Photoelectric Co.,Ltd.'s (SZSE:300029) 32% Share Price Surge
Aug 08
After Leaping 26% Jiangsu Huasheng Tianlong Photoelectric Co.,Ltd. (SZSE:300029) Shares Are Not Flying Under The Radar
May 21Jiangsu Huasheng Tianlong Photoelectric Co.,Ltd. (SZSE:300029) Looks Just Right With A 25% Price Jump
Mar 07Financial Position Analysis
Short Term Liabilities: 300029's short term assets (CN¥296.2M) exceed its short term liabilities (CN¥281.3M).
Long Term Liabilities: 300029's short term assets (CN¥296.2M) exceed its long term liabilities (CN¥19.1M).
Debt to Equity History and Analysis
Debt Level: 300029 has more cash than its total debt.
Reducing Debt: 300029's debt to equity ratio has increased from 0% to 0.1% over the past 5 years.
Debt Coverage: 300029's debt is well covered by operating cash flow (24731.1%).
Interest Coverage: 300029 earns more interest than it pays, so coverage of interest payments is not a concern.