Zhejiang Haikong Nanke Huatie Digital Intelligence and Technology Balance Sheet Health
Financial Health criteria checks 1/6
Zhejiang Haikong Nanke Huatie Digital Intelligence and Technology has a total shareholder equity of CN¥6.2B and total debt of CN¥4.6B, which brings its debt-to-equity ratio to 74.4%. Its total assets and total liabilities are CN¥21.7B and CN¥15.5B respectively. Zhejiang Haikong Nanke Huatie Digital Intelligence and Technology's EBIT is CN¥1.3B making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥314.1M.
Key information
74.4%
Debt to equity ratio
CN¥4.61b
Debt
| Interest coverage ratio | 2.1x |
| Cash | CN¥314.15m |
| Equity | CN¥6.20b |
| Total liabilities | CN¥15.49b |
| Total assets | CN¥21.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603300's short term assets (CN¥5.1B) do not cover its short term liabilities (CN¥7.2B).
Long Term Liabilities: 603300's short term assets (CN¥5.1B) do not cover its long term liabilities (CN¥8.3B).
Debt to Equity History and Analysis
Debt Level: 603300's net debt to equity ratio (69.3%) is considered high.
Reducing Debt: 603300's debt to equity ratio has increased from 26.8% to 74.4% over the past 5 years.
Debt Coverage: 603300's debt is well covered by operating cash flow (52.4%).
Interest Coverage: 603300's interest payments on its debt are not well covered by EBIT (2.1x coverage).