Hangzhou Huning Elevator Parts Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Huning Elevator Parts has a total shareholder equity of CN¥893.3M and total debt of CN¥51.9M, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are CN¥1.0B and CN¥110.2M respectively. Hangzhou Huning Elevator Parts's EBIT is CN¥41.7M making its interest coverage ratio -4.3. It has cash and short-term investments of CN¥372.6M.
Key information
5.8%
Debt to equity ratio
CN¥51.90m
Debt
Interest coverage ratio | -4.3x |
Cash | CN¥372.57m |
Equity | CN¥893.34m |
Total liabilities | CN¥110.24m |
Total assets | CN¥1.00b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300669's short term assets (CN¥556.9M) exceed its short term liabilities (CN¥101.8M).
Long Term Liabilities: 300669's short term assets (CN¥556.9M) exceed its long term liabilities (CN¥8.5M).
Debt to Equity History and Analysis
Debt Level: 300669 has more cash than its total debt.
Reducing Debt: 300669's debt to equity ratio has increased from 3.2% to 5.8% over the past 5 years.
Debt Coverage: 300669's debt is well covered by operating cash flow (179.9%).
Interest Coverage: 300669 earns more interest than it pays, so coverage of interest payments is not a concern.