Hwa Create Balance Sheet Health
Financial Health criteria checks 5/6
Hwa Create has a total shareholder equity of CN¥1.7B and total debt of CN¥75.9M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are CN¥2.4B and CN¥639.4M respectively. Hwa Create's EBIT is CN¥2.9M making its interest coverage ratio -6.5. It has cash and short-term investments of CN¥291.2M.
Key information
4.3%
Debt to equity ratio
CN¥75.88m
Debt
| Interest coverage ratio | -6.5x |
| Cash | CN¥291.23m |
| Equity | CN¥1.75b |
| Total liabilities | CN¥639.38m |
| Total assets | CN¥2.39b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 300045's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥541.4M).
Long Term Liabilities: 300045's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥98.0M).
Debt to Equity History and Analysis
Debt Level: 300045 has more cash than its total debt.
Reducing Debt: 300045's debt to equity ratio has increased from 2.2% to 4.3% over the past 5 years.
Debt Coverage: 300045's debt is well covered by operating cash flow (143.4%).
Interest Coverage: 300045 earns more interest than it pays, so coverage of interest payments is not a concern.