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¥73.4M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are CN¥2.5B and CN¥735.0M respectively. Hwa Create's EBIT is CN¥15.8M making its interest coverage ratio 107.7. It has cash and short-term investments of CN¥318.1M.
Key information
4.2%
Debt to equity ratio
CN¥73.44m
Debt
Interest coverage ratio | 107.7x |
Cash | CN¥318.13m |
Equity | CN¥1.75b |
Total liabilities | CN¥735.05m |
Total assets | CN¥2.48b |
Recent financial health updates
Is Hwa Create (SZSE:300045) Using Too Much Debt?
Jun 09Is Hwa Create (SZSE:300045) Weighed On By Its Debt Load?
Feb 29Recent updates
Financial Position Analysis
Short Term Liabilities: 300045's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥611.9M).
Long Term Liabilities: 300045's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥123.2M).
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 4.2% over the past 5 years.
Debt Coverage: 300045's debt is well covered by operating cash flow (221.6%).
Interest Coverage: 300045's interest payments on its debt are well covered by EBIT (107.7x coverage).