HuafangLtd Balance Sheet Health
Financial Health criteria checks 1/6
HuafangLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 108.2%. Its total assets and total liabilities are CN¥3.5B and CN¥2.2B respectively. HuafangLtd's EBIT is CN¥152.3M making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥435.5M.
Key information
108.2%
Debt to equity ratio
CN¥1.36b
Debt
Interest coverage ratio | 2.1x |
Cash | CN¥435.48m |
Equity | CN¥1.26b |
Total liabilities | CN¥2.23b |
Total assets | CN¥3.49b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600448's short term assets (CN¥1.7B) do not cover its short term liabilities (CN¥2.1B).
Long Term Liabilities: 600448's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥143.5M).
Debt to Equity History and Analysis
Debt Level: 600448's net debt to equity ratio (73.6%) is considered high.
Reducing Debt: 600448's debt to equity ratio has increased from 75.9% to 108.2% over the past 5 years.
Debt Coverage: 600448's debt is not well covered by operating cash flow (16%).
Interest Coverage: 600448's interest payments on its debt are not well covered by EBIT (2.1x coverage).