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¥50.1M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are CN¥1.9B and CN¥378.1M respectively. Hangzhou Toka InkLtd's EBIT is CN¥154.2M making its interest coverage ratio 1012.6. It has cash and short-term investments of CN¥960.4M.
Key information
3.3%
Debt to equity ratio
CN¥50.06m
Debt
Interest coverage ratio | 1012.6x |
Cash | CN¥960.38m |
Equity | CN¥1.50b |
Total liabilities | CN¥378.15m |
Total assets | CN¥1.88b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688571's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥374.0M).
Long Term Liabilities: 688571's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥4.1M).
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 3.3% over the past 5 years.
Debt Coverage: 688571's debt is well covered by operating cash flow (365.8%).
Interest Coverage: 688571's interest payments on its debt are well covered by EBIT (1012.6x coverage).