Huakai Yibai TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Huakai Yibai TechnologyLtd has a total shareholder equity of CN¥2.2B and total debt of CN¥220.7M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are CN¥3.5B and CN¥1.2B respectively. Huakai Yibai TechnologyLtd's EBIT is CN¥375.9M making its interest coverage ratio -31.9. It has cash and short-term investments of CN¥694.1M.
Key information
9.9%
Debt to equity ratio
CN¥220.70m
Debt
Interest coverage ratio | -31.9x |
Cash | CN¥694.14m |
Equity | CN¥2.23b |
Total liabilities | CN¥1.24b |
Total assets | CN¥3.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300592's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥781.4M).
Long Term Liabilities: 300592's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥454.6M).
Debt to Equity History and Analysis
Debt Level: 300592 has more cash than its total debt.
Reducing Debt: 300592's debt to equity ratio has reduced from 35.6% to 9.9% over the past 5 years.
Debt Coverage: 300592's debt is well covered by operating cash flow (98.2%).
Interest Coverage: 300592 earns more interest than it pays, so coverage of interest payments is not a concern.