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¥8.7B, which brings its debt-to-equity ratio to 137.3%. Its total assets and total liabilities are CN¥17.7B and CN¥11.3B respectively.
Key information
137.3%
Debt to equity ratio
CN¥8.70b
Debt
Interest coverage ratio | n/a |
Cash | CN¥2.81b |
Equity | CN¥6.34b |
Total liabilities | CN¥11.34b |
Total assets | CN¥17.68b |
Recent financial health updates
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
Is 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¥10.5B) exceed its short term liabilities (CN¥10.2B).
Long Term Liabilities: 002042's short term assets (CN¥10.5B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 002042's net debt to equity ratio (93%) is considered high.
Reducing Debt: 002042's debt to equity ratio has increased from 130.4% to 137.3% over the past 5 years.
Debt Coverage: 002042's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: Insufficient data to determine if 002042's interest payments on its debt are well covered by EBIT.