Hangjin Technology Balance Sheet Health
Financial Health criteria checks 4/6
Hangjin Technology has a total shareholder equity of CN¥4.1B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 31.8%. Its total assets and total liabilities are CN¥7.0B and CN¥2.8B respectively. Hangjin Technology's EBIT is CN¥269.3M making its interest coverage ratio 10.6. It has cash and short-term investments of CN¥448.0M.
Key information
31.8%
Debt to equity ratio
CN¥1.31b
Debt
Interest coverage ratio | 10.6x |
Cash | CN¥447.99m |
Equity | CN¥4.12b |
Total liabilities | CN¥2.85b |
Total assets | CN¥6.97b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000818's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 000818's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥618.3M).
Debt to Equity History and Analysis
Debt Level: 000818's net debt to equity ratio (20.9%) is considered satisfactory.
Reducing Debt: 000818's debt to equity ratio has increased from 16% to 31.8% over the past 5 years.
Debt Coverage: 000818's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000818's interest payments on its debt are well covered by EBIT (10.6x coverage).