Huarui Electrical ApplianceLtd Balance Sheet Health
Financial Health criteria checks 4/6
Huarui Electrical ApplianceLtd has a total shareholder equity of CN¥622.5M and total debt of CN¥350.3M, which brings its debt-to-equity ratio to 56.3%. Its total assets and total liabilities are CN¥1.2B and CN¥529.5M respectively. Huarui Electrical ApplianceLtd's EBIT is CN¥19.1M making its interest coverage ratio 1.3. It has cash and short-term investments of CN¥81.2M.
Key information
56.3%
Debt to equity ratio
CN¥350.35m
Debt
| Interest coverage ratio | 1.3x |
| Cash | CN¥81.19m |
| Equity | CN¥622.45m |
| Total liabilities | CN¥529.49m |
| Total assets | CN¥1.15b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300626's short term assets (CN¥500.1M) exceed its short term liabilities (CN¥457.9M).
Long Term Liabilities: 300626's short term assets (CN¥500.1M) exceed its long term liabilities (CN¥71.5M).
Debt to Equity History and Analysis
Debt Level: 300626's net debt to equity ratio (43.2%) is considered high.
Reducing Debt: 300626's debt to equity ratio has reduced from 66.2% to 56.3% over the past 5 years.
Debt Coverage: 300626's debt is well covered by operating cash flow (22%).
Interest Coverage: 300626's interest payments on its debt are not well covered by EBIT (1.3x coverage).