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 |
Recent financial health updates
Is Guangdong HEC Technology Holding (SHSE:600673) Using Too Much Debt?
Jul 04Is Guangdong HEC Technology Holding (SHSE:600673) Using Too Much Debt?
Feb 27Recent updates
Is Guangdong HEC Technology Holding (SHSE:600673) Using Too Much Debt?
Jul 04Guangdong HEC Technology Holding (SHSE:600673) Has Some Difficulty Using Its Capital Effectively
May 21Guangdong HEC Technology Holding Co., Ltd's (SHSE:600673) P/S Is On The Mark
Apr 25Is Guangdong HEC Technology Holding (SHSE:600673) Using Too Much Debt?
Feb 27Financial 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).