Hefei Snowky Electric Balance Sheet Health
Financial Health criteria checks 5/6
Hefei Snowky Electric has a total shareholder equity of CN¥727.7M and total debt of CN¥13.0M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are CN¥1.7B and CN¥971.8M respectively. Hefei Snowky Electric's EBIT is CN¥144.7M making its interest coverage ratio -272. It has cash and short-term investments of CN¥267.9M.
Key information
1.8%
Debt to equity ratio
CN¥12.96m
Debt
Interest coverage ratio | -272x |
Cash | CN¥267.90m |
Equity | CN¥727.67m |
Total liabilities | CN¥971.82m |
Total assets | CN¥1.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 001387's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥938.0M).
Long Term Liabilities: 001387's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥33.9M).
Debt to Equity History and Analysis
Debt Level: 001387 has more cash than its total debt.
Reducing Debt: 001387's debt to equity ratio has increased from 0% to 1.8% over the past 5 years.
Debt Coverage: 001387's debt is well covered by operating cash flow (1917.7%).
Interest Coverage: 001387 earns more interest than it pays, so coverage of interest payments is not a concern.