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¥2.3B and total debt of CN¥455.7M, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are CN¥3.2B and CN¥899.9M respectively. Hubei Shuanghuan Science and Technology StockLtd's EBIT is CN¥570.3M making its interest coverage ratio -11.8. It has cash and short-term investments of CN¥995.5M.
Key information
20.1%
Debt to equity ratio
CN¥455.72m
Debt
Interest coverage ratio | -11.8x |
Cash | CN¥995.49m |
Equity | CN¥2.27b |
Total liabilities | CN¥899.88m |
Total assets | CN¥3.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000707's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥641.4M).
Long Term Liabilities: 000707's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥258.4M).
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 1377.7% to 20.1% over the past 5 years.
Debt Coverage: 000707's debt is well covered by operating cash flow (140%).
Interest Coverage: 000707 earns more interest than it pays, so coverage of interest payments is not a concern.