Guangzhou Haoyang ElectronicLtd Balance Sheet Health
Financial Health criteria checks 6/6
Guangzhou Haoyang ElectronicLtd has a total shareholder equity of CN¥2.5B and total debt of CN¥9.7M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥2.7B and CN¥248.3M respectively. Guangzhou Haoyang ElectronicLtd's EBIT is CN¥383.5M making its interest coverage ratio -627.1. It has cash and short-term investments of CN¥1.6B.
Key information
0.4%
Debt to equity ratio
CN¥9.72m
Debt
Interest coverage ratio | -627.1x |
Cash | CN¥1.58b |
Equity | CN¥2.45b |
Total liabilities | CN¥248.33m |
Total assets | CN¥2.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300833's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥223.2M).
Long Term Liabilities: 300833's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥25.1M).
Debt to Equity History and Analysis
Debt Level: 300833 has more cash than its total debt.
Reducing Debt: 300833's debt to equity ratio has reduced from 6.9% to 0.4% over the past 5 years.
Debt Coverage: 300833's debt is well covered by operating cash flow (2951.2%).
Interest Coverage: 300833 earns more interest than it pays, so coverage of interest payments is not a concern.