Hangzhou Huasu TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Huasu TechnologyLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥6.7M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥1.2B and CN¥144.5M respectively. Hangzhou Huasu TechnologyLtd's EBIT is CN¥21.4M making its interest coverage ratio -1.3. It has cash and short-term investments of CN¥689.5M.
Key information
0.6%
Debt to equity ratio
CN¥6.72m
Debt
Interest coverage ratio | -1.3x |
Cash | CN¥689.54m |
Equity | CN¥1.07b |
Total liabilities | CN¥144.46m |
Total assets | CN¥1.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301157's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥139.9M).
Long Term Liabilities: 301157's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥4.6M).
Debt to Equity History and Analysis
Debt Level: 301157 has more cash than its total debt.
Reducing Debt: 301157's debt to equity ratio has reduced from 4.8% to 0.6% over the past 5 years.
Debt Coverage: 301157's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301157 earns more interest than it pays, so coverage of interest payments is not a concern.