HiVi Acoustics Technology Balance Sheet Health
Financial Health criteria checks 6/6
HiVi Acoustics Technology has a total shareholder equity of CN¥385.8M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥451.4M and CN¥65.6M respectively. HiVi Acoustics Technology's EBIT is CN¥429.2K making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥194.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -0.1x |
| Cash | CN¥194.72m |
| Equity | CN¥385.84m |
| Total liabilities | CN¥65.58m |
| Total assets | CN¥451.41m |
Recent financial health updates
No updates
Recent updates
HiVi Acoustics Technology Co., Ltd's (SZSE:002888) 25% Price Boost Is Out Of Tune With Revenues
Oct 28
HiVi Acoustics Technology Co., Ltd (SZSE:002888) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Aug 06HiVi Acoustics Technology Co., Ltd (SZSE:002888) May Have Run Too Fast Too Soon With Recent 29% Price Plummet
Apr 17HiVi Acoustics Technology Co., Ltd's (SZSE:002888) Shareholders Might Be Looking For Exit
Feb 26Financial Position Analysis
Short Term Liabilities: 002888's short term assets (CN¥287.4M) exceed its short term liabilities (CN¥62.2M).
Long Term Liabilities: 002888's short term assets (CN¥287.4M) exceed its long term liabilities (CN¥3.4M).
Debt to Equity History and Analysis
Debt Level: 002888 is debt free.
Reducing Debt: 002888 had no debt 5 years ago.
Debt Coverage: 002888 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002888 has no debt, therefore coverage of interest payments is not a concern.