Huarui Electrical ApplianceLtd Balance Sheet Health
Financial Health criteria checks 4/6
Huarui Electrical ApplianceLtd has a total shareholder equity of CN¥535.3M and total debt of CN¥285.9M, which brings its debt-to-equity ratio to 53.4%. Its total assets and total liabilities are CN¥1.1B and CN¥536.8M respectively. Huarui Electrical ApplianceLtd's EBIT is CN¥41.9M making its interest coverage ratio 5.3. It has cash and short-term investments of CN¥127.5M.
Key information
53.4%
Debt to equity ratio
CN¥285.88m
Debt
| Interest coverage ratio | 5.3x |
| Cash | CN¥127.47m |
| Equity | CN¥535.32m |
| Total liabilities | CN¥536.82m |
| Total assets | CN¥1.07b |
Recent financial health updates
No updates
Recent updates
Revenues Not Telling The Story For Huarui Electrical Appliance Co.,Ltd. (SZSE:300626) After Shares Rise 36%
Oct 14
Here's What's Concerning About Huarui Electrical ApplianceLtd's (SZSE:300626) Returns On Capital
Sep 30Huarui Electrical Appliance Co.,Ltd.'s (SZSE:300626) Price Is Out Of Tune With Revenues
Aug 30These Return Metrics Don't Make Huarui Electrical ApplianceLtd (SZSE:300626) Look Too Strong
Jun 06More Unpleasant Surprises Could Be In Store For Huarui Electrical Appliance Co.,Ltd.'s (SZSE:300626) Shares After Tumbling 27%
Apr 17Huarui Electrical Appliance Co.,Ltd.'s (SZSE:300626) Popularity With Investors Under Threat As Stock Sinks 27%
Feb 26Financial Position Analysis
Short Term Liabilities: 300626's short term assets (CN¥667.6M) exceed its short term liabilities (CN¥448.3M).
Long Term Liabilities: 300626's short term assets (CN¥667.6M) exceed its long term liabilities (CN¥88.5M).
Debt to Equity History and Analysis
Debt Level: 300626's net debt to equity ratio (29.6%) is considered satisfactory.
Reducing Debt: 300626's debt to equity ratio has increased from 53% to 53.4% over the past 5 years.
Debt Coverage: 300626's debt is not well covered by operating cash flow (9.3%).
Interest Coverage: 300626's interest payments on its debt are well covered by EBIT (5.3x coverage).