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¥338.6M, which brings its debt-to-equity ratio to 24.6%. Its total assets and total liabilities are CN¥2.3B and CN¥883.9M respectively. Shaanxi Huada Science TechnologyLtd's EBIT is CN¥44.3M making its interest coverage ratio 6.9. It has cash and short-term investments of CN¥655.1M.
Key information
24.6%
Debt to equity ratio
CN¥338.60m
Debt
| Interest coverage ratio | 6.9x |
| Cash | CN¥655.14m |
| Equity | CN¥1.38b |
| Total liabilities | CN¥883.92m |
| Total assets | CN¥2.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301517's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥675.5M).
Long Term Liabilities: 301517's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥208.5M).
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 87.9% to 24.6% over the past 5 years.
Debt Coverage: 301517's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: 301517's interest payments on its debt are well covered by EBIT (6.9x coverage).