Hangzhou Honghua Digital Technology Stock Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Honghua Digital Technology Stock has a total shareholder equity of CN¥3.0B and total debt of CN¥117.7M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are CN¥3.6B and CN¥609.8M respectively. Hangzhou Honghua Digital Technology Stock's EBIT is CN¥345.9M making its interest coverage ratio -7.9. It has cash and short-term investments of CN¥1.1B.
Key information
4.0%
Debt to equity ratio
CN¥117.72m
Debt
Interest coverage ratio | -7.9x |
Cash | CN¥1.07b |
Equity | CN¥2.96b |
Total liabilities | CN¥609.76m |
Total assets | CN¥3.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688789's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥546.6M).
Long Term Liabilities: 688789's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥63.2M).
Debt to Equity History and Analysis
Debt Level: 688789 has more cash than its total debt.
Reducing Debt: 688789's debt to equity ratio has increased from 0% to 4% over the past 5 years.
Debt Coverage: 688789's debt is well covered by operating cash flow (107.7%).
Interest Coverage: 688789 earns more interest than it pays, so coverage of interest payments is not a concern.