Shenzhen Hello Tech Energy Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Hello Tech Energy has a total shareholder equity of CN¥6.1B and total debt of CN¥30.9M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥7.2B and CN¥1.1B respectively.
Key information
0.5%
Debt to equity ratio
CN¥30.92m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥4.97b |
| Equity | CN¥6.13b |
| Total liabilities | CN¥1.06b |
| Total assets | CN¥7.19b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 301327's short term assets (CN¥6.9B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 301327's short term assets (CN¥6.9B) exceed its long term liabilities (CN¥56.8M).
Debt to Equity History and Analysis
Debt Level: 301327 has more cash than its total debt.
Reducing Debt: 301327's debt to equity ratio has reduced from 18.6% to 0.5% over the past 5 years.
Debt Coverage: 301327's debt is well covered by operating cash flow (1960.4%).
Interest Coverage: Insufficient data to determine if 301327's interest payments on its debt are well covered by EBIT.