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¥115.0M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are CN¥16.0B and CN¥5.1B respectively. Hangzhou Robam Appliances's EBIT is CN¥1.5B making its interest coverage ratio -5.2. It has cash and short-term investments of CN¥5.1B.
Key information
1.1%
Debt to equity ratio
CN¥115.00m
Debt
| Interest coverage ratio | -5.2x |
| Cash | CN¥5.14b |
| Equity | CN¥10.92b |
| Total liabilities | CN¥5.07b |
| Total assets | CN¥15.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002508's short term assets (CN¥9.2B) exceed its short term liabilities (CN¥4.9B).
Long Term Liabilities: 002508's short term assets (CN¥9.2B) exceed its long term liabilities (CN¥165.7M).
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 1.1% over the past 5 years.
Debt Coverage: 002508's debt is well covered by operating cash flow (1605.3%).
Interest Coverage: 002508 earns more interest than it pays, so coverage of interest payments is not a concern.