Shenzhen Honor Electronic Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Honor Electronic has a total shareholder equity of CN¥1.9B and total debt of CN¥429.4M, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are CN¥3.7B and CN¥1.9B respectively. Shenzhen Honor Electronic's EBIT is CN¥109.9M making its interest coverage ratio -0.9. It has cash and short-term investments of CN¥593.2M.
Key information
22.8%
Debt to equity ratio
CN¥429.35m
Debt
Interest coverage ratio | -0.9x |
Cash | CN¥593.25m |
Equity | CN¥1.89b |
Total liabilities | CN¥1.86b |
Total assets | CN¥3.75b |
Recent financial health updates
Recent updates
Shenzhen Honor Electronic (SZSE:300870) Is Increasing Its Dividend To CN¥0.34
May 21Shareholders Can Be Confident That Shenzhen Honor Electronic's (SZSE:300870) Earnings Are High Quality
May 02Shenzhen Honor Electronic (SZSE:300870) May Have Issues Allocating Its Capital
Apr 17Does Shenzhen Honor Electronic (SZSE:300870) Have A Healthy Balance Sheet?
Mar 21Shenzhen Honor Electronic Co., Ltd. (SZSE:300870) Not Lagging Market On Growth Or Pricing
Feb 27Financial Position Analysis
Short Term Liabilities: 300870's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 300870's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥365.9M).
Debt to Equity History and Analysis
Debt Level: 300870 has more cash than its total debt.
Reducing Debt: 300870's debt to equity ratio has increased from 6.7% to 22.8% over the past 5 years.
Debt Coverage: 300870's debt is well covered by operating cash flow (59.7%).
Interest Coverage: 300870 earns more interest than it pays, so coverage of interest payments is not a concern.