Hefei Snowky Electric Balance Sheet Health
Financial Health criteria checks 5/6
Hefei Snowky Electric has a total shareholder equity of CN¥683.4M and total debt of CN¥8.0M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are CN¥1.7B and CN¥973.2M respectively. Hefei Snowky Electric's EBIT is CN¥121.9M making its interest coverage ratio -229.3. It has cash and short-term investments of CN¥195.6M.
Key information
1.2%
Debt to equity ratio
CN¥8.01m
Debt
Interest coverage ratio | -229.3x |
Cash | CN¥195.56m |
Equity | CN¥683.42m |
Total liabilities | CN¥973.21m |
Total assets | CN¥1.66b |
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¥930.7M).
Long Term Liabilities: 001387's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥42.6M).
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 1.2% over the past 5 years.
Debt Coverage: 001387's debt is well covered by operating cash flow (2315.8%).
Interest Coverage: 001387 earns more interest than it pays, so coverage of interest payments is not a concern.