Hubei Shuanghuan Science and Technology StockLtd Balance Sheet Health
Financial Health criteria checks 6/6
Hubei Shuanghuan Science and Technology StockLtd has a total shareholder equity of CN¥2.4B and total debt of CN¥976.7M, which brings its debt-to-equity ratio to 41.2%. Its total assets and total liabilities are CN¥3.8B and CN¥1.5B respectively. Hubei Shuanghuan Science and Technology StockLtd's EBIT is CN¥474.5M making its interest coverage ratio -13.8. It has cash and short-term investments of CN¥1.0B.
Key information
41.2%
Debt to equity ratio
CN¥976.65m
Debt
| Interest coverage ratio | -13.8x |
| Cash | CN¥1.01b |
| Equity | CN¥2.37b |
| Total liabilities | CN¥1.45b |
| Total assets | CN¥3.82b |
Recent financial health updates
Recent updates
Why Hubei Shuanghuan Science and Technology StockLtd's (SZSE:000707) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 06
Does Hubei Shuanghuan Science and Technology StockLtd (SZSE:000707) Have A Healthy Balance Sheet?
Oct 01Little Excitement Around Hubei Shuanghuan Science and Technology Stock Co.,Ltd's (SZSE:000707) Earnings
Aug 30Financial Position Analysis
Short Term Liabilities: 000707's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥582.4M).
Long Term Liabilities: 000707's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥868.2M).
Debt to Equity History and Analysis
Debt Level: 000707 has more cash than its total debt.
Reducing Debt: 000707's debt to equity ratio has reduced from 1736.7% to 41.2% over the past 5 years.
Debt Coverage: 000707's debt is well covered by operating cash flow (60.2%).
Interest Coverage: 000707 earns more interest than it pays, so coverage of interest payments is not a concern.