Shaanxi Huada Science TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shaanxi Huada Science TechnologyLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥333.7M, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are CN¥2.3B and CN¥936.8M respectively. Shaanxi Huada Science TechnologyLtd's EBIT is CN¥73.0M making its interest coverage ratio 4.9. It has cash and short-term investments of CN¥592.3M.
Key information
24.1%
Debt to equity ratio
CN¥333.69m
Debt
| Interest coverage ratio | 4.9x |
| Cash | CN¥592.27m |
| Equity | CN¥1.38b |
| Total liabilities | CN¥936.81m |
| Total assets | CN¥2.32b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301517's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥754.8M).
Long Term Liabilities: 301517's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥182.0M).
Debt to Equity History and Analysis
Debt Level: 301517 has more cash than its total debt.
Reducing Debt: 301517's debt to equity ratio has reduced from 78.1% to 24.1% over the past 5 years.
Debt Coverage: 301517's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301517's interest payments on its debt are well covered by EBIT (4.9x coverage).