Guangdong HEC Technology Holding Balance Sheet Health
Financial Health criteria checks 1/6
Guangdong HEC Technology Holding has a total shareholder equity of CN¥10.3B and total debt of CN¥11.9B, which brings its debt-to-equity ratio to 116.5%. Its total assets and total liabilities are CN¥26.2B and CN¥15.9B respectively. Guangdong HEC Technology Holding's EBIT is CN¥35.5M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥5.7B.
Key information
116.5%
Debt to equity ratio
CN¥11.95b
Debt
| Interest coverage ratio | 0.2x |
| Cash | CN¥5.73b |
| Equity | CN¥10.26b |
| Total liabilities | CN¥15.90b |
| Total assets | CN¥26.15b |
Financial Position Analysis
Short Term Liabilities: 600673's short term assets (CN¥11.2B) do not cover its short term liabilities (CN¥11.8B).
Long Term Liabilities: 600673's short term assets (CN¥11.2B) exceed its long term liabilities (CN¥4.0B).
Debt to Equity History and Analysis
Debt Level: 600673's net debt to equity ratio (60.6%) is considered high.
Reducing Debt: 600673's debt to equity ratio has increased from 95.4% to 116.5% over the past 5 years.
Debt Coverage: 600673's debt is not well covered by operating cash flow (3.5%).
Interest Coverage: 600673's interest payments on its debt are not well covered by EBIT (0.2x coverage).