Guangzhou Huayan Precision MachineryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Guangzhou Huayan Precision MachineryLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.5B and CN¥397.2M respectively. Guangzhou Huayan Precision MachineryLtd's EBIT is CN¥69.5M making its interest coverage ratio -5.1. It has cash and short-term investments of CN¥472.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -5.1x |
Cash | CN¥472.24m |
Equity | CN¥1.10b |
Total liabilities | CN¥397.22m |
Total assets | CN¥1.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301138's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥378.9M).
Long Term Liabilities: 301138's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥18.4M).
Debt to Equity History and Analysis
Debt Level: 301138 is debt free.
Reducing Debt: 301138 has no debt compared to 5 years ago when its debt to equity ratio was 3.2%.
Debt Coverage: 301138 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301138 has no debt, therefore coverage of interest payments is not a concern.