Guangdong Hotata Technology GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Hotata Technology GroupLtd has a total shareholder equity of CN¥2.8B and total debt of CN¥40.5M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are CN¥3.2B and CN¥424.4M respectively. Guangdong Hotata Technology GroupLtd's EBIT is CN¥310.7M making its interest coverage ratio -23.3. It has cash and short-term investments of CN¥191.2M.
Key information
1.5%
Debt to equity ratio
CN¥40.49m
Debt
| Interest coverage ratio | -23.3x |
| Cash | CN¥191.17m |
| Equity | CN¥2.78b |
| Total liabilities | CN¥424.37m |
| Total assets | CN¥3.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603848's short term assets (CN¥645.6M) exceed its short term liabilities (CN¥362.7M).
Long Term Liabilities: 603848's short term assets (CN¥645.6M) exceed its long term liabilities (CN¥61.7M).
Debt to Equity History and Analysis
Debt Level: 603848 has more cash than its total debt.
Reducing Debt: 603848's debt to equity ratio has increased from 0% to 1.5% over the past 5 years.
Debt Coverage: 603848's debt is well covered by operating cash flow (668.4%).
Interest Coverage: 603848 earns more interest than it pays, so coverage of interest payments is not a concern.