Shenzhen Hello Tech Energy Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Hello Tech Energy has a total shareholder equity of CN¥6.0B and total debt of CN¥252.9M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are CN¥6.7B and CN¥690.4M respectively.
Key information
4.2%
Debt to equity ratio
CN¥252.86m
Debt
Interest coverage ratio | n/a |
Cash | CN¥5.00b |
Equity | CN¥6.03b |
Total liabilities | CN¥690.40m |
Total assets | CN¥6.72b |
Financial Position Analysis
Short Term Liabilities: 301327's short term assets (CN¥6.5B) exceed its short term liabilities (CN¥640.5M).
Long Term Liabilities: 301327's short term assets (CN¥6.5B) exceed its long term liabilities (CN¥49.9M).
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 23.3% to 4.2% over the past 5 years.
Debt Coverage: 301327's debt is well covered by operating cash flow (32.1%).
Interest Coverage: Insufficient data to determine if 301327's interest payments on its debt are well covered by EBIT.