MeHow Innovative Balance Sheet Health
Financial Health criteria checks 6/6
MeHow Innovative has a total shareholder equity of CN¥3.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.8B and CN¥388.0M respectively. MeHow Innovative's EBIT is CN¥264.5M making its interest coverage ratio -5.3. It has cash and short-term investments of CN¥1.7B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -5.3x |
| Cash | CN¥1.73b |
| Equity | CN¥3.39b |
| Total liabilities | CN¥387.95m |
| Total assets | CN¥3.78b |
Recent financial health updates
No updates
Recent updates
Returns On Capital Signal Tricky Times Ahead For MeHow Innovative (SZSE:301363)
Sep 27
MeHow Innovative's (SZSE:301363) Dividend Is Being Reduced To CN¥0.16
Jun 03MeHow Innovative Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 21Calculating The Intrinsic Value Of MeHow Innovative Ltd. (SZSE:301363)
Apr 01Mehow Innovative (SZSE:301363) Will Be Hoping To Turn Its Returns On Capital Around
Feb 26Financial Position Analysis
Short Term Liabilities: 301363's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥318.8M).
Long Term Liabilities: 301363's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥69.2M).
Debt to Equity History and Analysis
Debt Level: 301363 is debt free.
Reducing Debt: 301363 has no debt compared to 5 years ago when its debt to equity ratio was 2.2%.
Debt Coverage: 301363 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301363 has no debt, therefore coverage of interest payments is not a concern.