HG Technologies Balance Sheet Health
Financial Health criteria checks 5/6
HG Technologies has a total shareholder equity of CN¥1.4B and total debt of CN¥1.3M, which brings its debt-to-equity ratio to 0.09%. Its total assets and total liabilities are CN¥1.5B and CN¥135.7M respectively. HG Technologies's EBIT is CN¥96.9M making its interest coverage ratio -15. It has cash and short-term investments of CN¥518.9M.
Key information
0.09%
Debt to equity ratio
CN¥1.27m
Debt
Interest coverage ratio | -15x |
Cash | CN¥518.86m |
Equity | CN¥1.36b |
Total liabilities | CN¥135.69m |
Total assets | CN¥1.49b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300847's short term assets (CN¥979.0M) exceed its short term liabilities (CN¥127.4M).
Long Term Liabilities: 300847's short term assets (CN¥979.0M) exceed its long term liabilities (CN¥8.3M).
Debt to Equity History and Analysis
Debt Level: 300847 has more cash than its total debt.
Reducing Debt: 300847's debt to equity ratio has increased from 0% to 0.09% over the past 5 years.
Debt Coverage: 300847's debt is well covered by operating cash flow (10361.7%).
Interest Coverage: 300847 earns more interest than it pays, so coverage of interest payments is not a concern.