MeHow Innovative Balance Sheet Health
Financial Health criteria checks 6/6
MeHow Innovative has a total shareholder equity of CN¥3.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.6B and CN¥338.2M respectively. MeHow Innovative's EBIT is CN¥206.6M making its interest coverage ratio -4.2. It has cash and short-term investments of CN¥1.8B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -4.2x |
Cash | CN¥1.76b |
Equity | CN¥3.23b |
Total liabilities | CN¥338.20m |
Total assets | CN¥3.57b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301363's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥270.0M).
Long Term Liabilities: 301363's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥68.2M).
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 1%.
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.