Huafu Fashion Balance Sheet Health
Financial Health criteria checks 2/6
Huafu Fashion has a total shareholder equity of CN¥6.3B and total debt of CN¥9.2B, which brings its debt-to-equity ratio to 144.7%. Its total assets and total liabilities are CN¥17.4B and CN¥11.0B respectively.
Key information
144.7%
Debt to equity ratio
CN¥9.17b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥4.02b |
| Equity | CN¥6.34b |
| Total liabilities | CN¥11.05b |
| Total assets | CN¥17.38b |
Recent financial health updates
Is Huafu Fashion (SZSE:002042) Using Debt In A Risky Way?
Oct 24
Is Huafu Fashion (SZSE:002042) Weighed On By Its Debt Load?
Jul 12Huafu Fashion (SZSE:002042) Is Carrying A Fair Bit Of Debt
Mar 29Recent updates
Market Might Still Lack Some Conviction On Huafu Fashion Co., Ltd. (SZSE:002042) Even After 26% Share Price Boost
Nov 12Huafu Fashion (SZSE:002042) Strong Profits May Be Masking Some Underlying Issues
Nov 06Is Huafu Fashion (SZSE:002042) Using Debt In A Risky Way?
Oct 24Is Huafu Fashion (SZSE:002042) Weighed On By Its Debt Load?
Jul 12Huafu Fashion Co., Ltd.'s (SZSE:002042) Business And Shares Still Trailing The Industry
May 31Huafu Fashion's (SZSE:002042) Profits May Not Reveal Underlying Issues
May 03Huafu Fashion (SZSE:002042) Is Carrying A Fair Bit Of Debt
Mar 29Market Might Still Lack Some Conviction On Huafu Fashion Co., Ltd. (SZSE:002042) Even After 32% Share Price Boost
Mar 01Financial Position Analysis
Short Term Liabilities: 002042's short term assets (CN¥10.4B) exceed its short term liabilities (CN¥9.9B).
Long Term Liabilities: 002042's short term assets (CN¥10.4B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 002042's net debt to equity ratio (81.3%) is considered high.
Reducing Debt: 002042's debt to equity ratio has increased from 135.7% to 144.7% over the past 5 years.
Debt Coverage: 002042's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: Insufficient data to determine if 002042's interest payments on its debt are well covered by EBIT.