Haier Smart Home Balance Sheet Health
Financial Health criteria checks 6/6
Haier Smart Home has a total shareholder equity of CN¥108.6B and total debt of CN¥30.1B, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are CN¥262.3B and CN¥153.7B respectively. Haier Smart Home's EBIT is CN¥18.9B making its interest coverage ratio -16.5. It has cash and short-term investments of CN¥57.3B.
Key information
27.7%
Debt to equity ratio
CN¥30.07b
Debt
| Interest coverage ratio | -16.5x |
| Cash | CN¥57.32b |
| Equity | CN¥108.58b |
| Total liabilities | CN¥153.67b |
| Total assets | CN¥262.25b |
Recent financial health updates
Recent updates
Earnings Beat: Haier Smart Home Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Aug 30
Improved Earnings Required Before Haier Smart Home Co., Ltd. (SHSE:600690) Shares Find Their Feet
Aug 26Haier Smart Home Co., Ltd.'s (SHSE:600690) Intrinsic Value Is Potentially 66% Above Its Share Price
Aug 12Return Trends At Haier Smart Home (SHSE:600690) Aren't Appealing
Jul 01We Think Haier Smart Home (SHSE:600690) Can Manage Its Debt With Ease
Jun 17There's No Escaping Haier Smart Home Co., Ltd.'s (SHSE:600690) Muted Earnings
May 22Results: Haier Smart Home Co., Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts
May 01Is Now The Time To Put Haier Smart Home (SHSE:600690) On Your Watchlist?
Apr 28Haier Smart Home Co., Ltd. (SHSE:600690) Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Mar 31The Returns At Haier Smart Home (SHSE:600690) Aren't Growing
Mar 14Financial Position Analysis
Short Term Liabilities: 600690's short term assets (CN¥134.5B) exceed its short term liabilities (CN¥125.6B).
Long Term Liabilities: 600690's short term assets (CN¥134.5B) exceed its long term liabilities (CN¥28.1B).
Debt to Equity History and Analysis
Debt Level: 600690 has more cash than its total debt.
Reducing Debt: 600690's debt to equity ratio has reduced from 66.5% to 27.7% over the past 5 years.
Debt Coverage: 600690's debt is well covered by operating cash flow (87.4%).
Interest Coverage: 600690 earns more interest than it pays, so coverage of interest payments is not a concern.