Hangzhou Robam Appliances Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Robam Appliances has a total shareholder equity of CN¥10.9B and total debt of CN¥91.0M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥15.8B and CN¥4.9B respectively. Hangzhou Robam Appliances's EBIT is CN¥1.4B making its interest coverage ratio -4.2. It has cash and short-term investments of CN¥2.7B.
Key information
0.8%
Debt to equity ratio
CN¥91.03m
Debt
| Interest coverage ratio | -4.2x |
| Cash | CN¥2.69b |
| Equity | CN¥10.89b |
| Total liabilities | CN¥4.92b |
| Total assets | CN¥15.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002508's short term assets (CN¥8.4B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: 002508's short term assets (CN¥8.4B) exceed its long term liabilities (CN¥154.1M).
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 (1673.2%).
Interest Coverage: 002508 earns more interest than it pays, so coverage of interest payments is not a concern.