Hangzhou Toka InkLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Toka InkLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥37.0M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are CN¥2.0B and CN¥425.5M respectively. Hangzhou Toka InkLtd's EBIT is CN¥161.7M making its interest coverage ratio 106.8. It has cash and short-term investments of CN¥969.2M.
Key information
2.4%
Debt to equity ratio
CN¥37.04m
Debt
| Interest coverage ratio | 106.8x |
| Cash | CN¥969.18m |
| Equity | CN¥1.53b |
| Total liabilities | CN¥425.52m |
| Total assets | CN¥1.96b |
Recent financial health updates
No updates
Recent updates
Hangzhou Toka Ink Co.,Ltd. (SHSE:688571) Surges 40% Yet Its Low P/E Is No Reason For Excitement
Oct 08
Returns On Capital Are Showing Encouraging Signs At Hangzhou Toka InkLtd (SHSE:688571)
Oct 02Hangzhou Toka InkLtd (SHSE:688571) Hasn't Managed To Accelerate Its Returns
Apr 17Hangzhou Toka Ink Co.,Ltd. (SHSE:688571) Surges 28% Yet Its Low P/E Is No Reason For Excitement
Mar 08Financial Position Analysis
Short Term Liabilities: 688571's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥421.8M).
Long Term Liabilities: 688571's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥3.8M).
Debt to Equity History and Analysis
Debt Level: 688571 has more cash than its total debt.
Reducing Debt: 688571's debt to equity ratio has increased from 0% to 2.4% over the past 5 years.
Debt Coverage: 688571's debt is well covered by operating cash flow (420.9%).
Interest Coverage: 688571's interest payments on its debt are well covered by EBIT (106.8x coverage).