HiVi Acoustics Technology Balance Sheet Health
Financial Health criteria checks 4/6
HiVi Acoustics Technology has a total shareholder equity of CN¥389.6M and total debt of CN¥806.9K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥446.6M and CN¥57.0M respectively.
Key information
0.2%
Debt to equity ratio
CN¥806.93k
Debt
Interest coverage ratio | n/a |
Cash | CN¥174.67m |
Equity | CN¥389.56m |
Total liabilities | CN¥57.04m |
Total assets | CN¥446.60m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002888's short term assets (CN¥273.5M) exceed its short term liabilities (CN¥52.4M).
Long Term Liabilities: 002888's short term assets (CN¥273.5M) exceed its long term liabilities (CN¥4.6M).
Debt to Equity History and Analysis
Debt Level: 002888 has more cash than its total debt.
Reducing Debt: 002888's debt to equity ratio has increased from 0% to 0.2% over the past 5 years.
Debt Coverage: 002888's debt is well covered by operating cash flow (6802.2%).
Interest Coverage: Insufficient data to determine if 002888's interest payments on its debt are well covered by EBIT.