Hiecise Precision EquipmentLtd Balance Sheet Health
Financial Health criteria checks 6/6
Hiecise Precision EquipmentLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.1B and CN¥497.4M respectively. Hiecise Precision EquipmentLtd's EBIT is CN¥63.8M making its interest coverage ratio -2.7. It has cash and short-term investments of CN¥895.6M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -2.7x |
| Cash | CN¥895.63m |
| Equity | CN¥1.60b |
| Total liabilities | CN¥497.43m |
| Total assets | CN¥2.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300809's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥413.3M).
Long Term Liabilities: 300809's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥84.1M).
Debt to Equity History and Analysis
Debt Level: 300809 is debt free.
Reducing Debt: 300809 had no debt 5 years ago.
Debt Coverage: 300809 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300809 has no debt, therefore coverage of interest payments is not a concern.