Hangzhou Robam Appliances Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Robam Appliances has a total shareholder equity of CN¥11.0B and total debt of CN¥88.5M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥15.7B and CN¥4.7B respectively. Hangzhou Robam Appliances's EBIT is CN¥1.7B making its interest coverage ratio -5.9. It has cash and short-term investments of CN¥4.3B.
Key information
0.8%
Debt to equity ratio
CN¥88.50m
Debt
| Interest coverage ratio | -5.9x |
| Cash | CN¥4.30b |
| Equity | CN¥11.03b |
| Total liabilities | CN¥4.66b |
| Total assets | CN¥15.69b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 002508's short term assets (CN¥11.3B) exceed its short term liabilities (CN¥4.5B).
Long Term Liabilities: 002508's short term assets (CN¥11.3B) exceed its long term liabilities (CN¥170.3M).
Debt to Equity History and Analysis
Debt Level: 002508 has more cash than its total debt.
Reducing Debt: 002508's debt to equity ratio has increased from 0% to 0.8% over the past 5 years.
Debt Coverage: 002508's debt is well covered by operating cash flow (2559.3%).
Interest Coverage: 002508 earns more interest than it pays, so coverage of interest payments is not a concern.