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¥525.5K, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are CN¥3.1B and CN¥382.4M respectively. Guangdong Hotata Technology GroupLtd's EBIT is CN¥375.4M making its interest coverage ratio -40.8. It has cash and short-term investments of CN¥340.6M.
Key information
0.02%
Debt to equity ratio
CN¥525.48k
Debt
Interest coverage ratio | -40.8x |
Cash | CN¥340.63m |
Equity | CN¥2.75b |
Total liabilities | CN¥382.44m |
Total assets | CN¥3.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603848's short term assets (CN¥613.4M) exceed its short term liabilities (CN¥358.6M).
Long Term Liabilities: 603848's short term assets (CN¥613.4M) exceed its long term liabilities (CN¥23.8M).
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 0.02% over the past 5 years.
Debt Coverage: 603848's debt is well covered by operating cash flow (84039.7%).
Interest Coverage: 603848 earns more interest than it pays, so coverage of interest payments is not a concern.