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¥516.0M, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are CN¥4.2B and CN¥2.2B respectively. Shenzhen Honor Electronic's EBIT is CN¥157.7M making its interest coverage ratio -1.3. It has cash and short-term investments of CN¥696.0M.
Key information
27.1%
Debt to equity ratio
CN¥516.01m
Debt
| Interest coverage ratio | -1.3x |
| Cash | CN¥696.02m |
| Equity | CN¥1.90b |
| Total liabilities | CN¥2.25b |
| Total assets | CN¥4.15b |
Recent financial health updates
We Think Shenzhen Honor Electronic (SZSE:300870) Can Stay On Top Of Its Debt
Oct 18
Does Shenzhen Honor Electronic (SZSE:300870) Have A Healthy Balance Sheet?
Jul 05Does Shenzhen Honor Electronic (SZSE:300870) Have A Healthy Balance Sheet?
Mar 21Recent updates
We Think Shenzhen Honor Electronic (SZSE:300870) Can Stay On Top Of Its Debt
Oct 18Improved Earnings Required Before Shenzhen Honor Electronic Co., Ltd. (SZSE:300870) Stock's 25% Jump Looks Justified
Sep 30Does Shenzhen Honor Electronic (SZSE:300870) Have A Healthy Balance Sheet?
Jul 05Shenzhen 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¥2.5B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 300870's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥295.3M).
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 6.6% to 27.1% over the past 5 years.
Debt Coverage: 300870's debt is well covered by operating cash flow (52.9%).
Interest Coverage: 300870 earns more interest than it pays, so coverage of interest payments is not a concern.