Hunan Aerospace Huanyu Communication TechnologyLTD Balance Sheet Health
Financial Health criteria checks 5/6
Hunan Aerospace Huanyu Communication TechnologyLTD has a total shareholder equity of CN¥1.6B and total debt of CN¥302.1M, which brings its debt-to-equity ratio to 18.7%. Its total assets and total liabilities are CN¥2.2B and CN¥604.6M respectively. Hunan Aerospace Huanyu Communication TechnologyLTD's EBIT is CN¥102.3M making its interest coverage ratio -7.9. It has cash and short-term investments of CN¥502.5M.
Key information
18.7%
Debt to equity ratio
CN¥302.07m
Debt
| Interest coverage ratio | -7.9x |
| Cash | CN¥502.46m |
| Equity | CN¥1.62b |
| Total liabilities | CN¥604.63m |
| Total assets | CN¥2.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688523's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥329.1M).
Long Term Liabilities: 688523's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥275.5M).
Debt to Equity History and Analysis
Debt Level: 688523 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 688523's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688523's debt is well covered by operating cash flow (31.6%).
Interest Coverage: 688523 earns more interest than it pays, so coverage of interest payments is not a concern.