Hangzhou Haoyue Personal Care Balance Sheet Health
Financial Health criteria checks 6/6
Hangzhou Haoyue Personal Care has a total shareholder equity of CN¥3.3B and total debt of CN¥270.2M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are CN¥4.5B and CN¥1.2B respectively. Hangzhou Haoyue Personal Care's EBIT is CN¥453.2M making its interest coverage ratio -9. It has cash and short-term investments of CN¥2.0B.
Key information
8.2%
Debt to equity ratio
CN¥270.19m
Debt
Interest coverage ratio | -9x |
Cash | CN¥2.01b |
Equity | CN¥3.30b |
Total liabilities | CN¥1.19b |
Total assets | CN¥4.49b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 605009's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 605009's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥148.1M).
Debt to Equity History and Analysis
Debt Level: 605009 has more cash than its total debt.
Reducing Debt: 605009's debt to equity ratio has reduced from 42.6% to 8.2% over the past 5 years.
Debt Coverage: 605009's debt is well covered by operating cash flow (252.2%).
Interest Coverage: 605009 earns more interest than it pays, so coverage of interest payments is not a concern.