Haimo Technologies Group Balance Sheet Health
Financial Health criteria checks 4/6
Haimo Technologies Group has a total shareholder equity of CN¥1.0B and total debt of CN¥494.5M, which brings its debt-to-equity ratio to 47.2%. Its total assets and total liabilities are CN¥2.0B and CN¥919.3M respectively. Haimo Technologies Group's EBIT is CN¥83.2M making its interest coverage ratio 2.6. It has cash and short-term investments of CN¥121.6M.
Key information
47.2%
Debt to equity ratio
CN¥494.51m
Debt
Interest coverage ratio | 2.6x |
Cash | CN¥121.63m |
Equity | CN¥1.05b |
Total liabilities | CN¥919.27m |
Total assets | CN¥1.97b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300084's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥775.5M).
Long Term Liabilities: 300084's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥143.7M).
Debt to Equity History and Analysis
Debt Level: 300084's net debt to equity ratio (35.6%) is considered satisfactory.
Reducing Debt: 300084's debt to equity ratio has increased from 37.5% to 47.2% over the past 5 years.
Debt Coverage: 300084's debt is well covered by operating cash flow (20.5%).
Interest Coverage: 300084's interest payments on its debt are not well covered by EBIT (2.6x coverage).