HG Technologies Balance Sheet Health
Financial Health criteria checks 6/6
HG Technologies has a total shareholder equity of CN¥1.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.5B and CN¥150.6M respectively. HG Technologies's EBIT is CN¥122.8M making its interest coverage ratio -19.4. It has cash and short-term investments of CN¥586.6M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -19.4x |
| Cash | CN¥586.55m |
| Equity | CN¥1.40b |
| Total liabilities | CN¥150.59m |
| Total assets | CN¥1.55b |
Recent financial health updates
No updates
Recent updates
HG Technologies Co., Ltd.'s (SZSE:300847) Shares Climb 34% But Its Business Is Yet to Catch Up
Oct 02
Investors Could Be Concerned With HG Technologies' (SZSE:300847) Returns On Capital
Sep 13HG Technologies Co., Ltd.'s (SZSE:300847) Shareholders Might Be Looking For Exit
Jun 26HG Technologies (SZSE:300847) Is Paying Out Less In Dividends Than Last Year
May 24HG Technologies' (SZSE:300847) Solid Earnings May Rest On Weak Foundations
May 01Subdued Growth No Barrier To HG Technologies Co., Ltd.'s (SZSE:300847) Price
Mar 07Financial Position Analysis
Short Term Liabilities: 300847's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥143.3M).
Long Term Liabilities: 300847's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥7.3M).
Debt to Equity History and Analysis
Debt Level: 300847 is debt free.
Reducing Debt: 300847 had no debt 5 years ago.
Debt Coverage: 300847 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300847 has no debt, therefore coverage of interest payments is not a concern.