Daqing Huake Balance Sheet Health
Financial Health criteria checks 6/6
Daqing Huake has a total shareholder equity of CN¥589.4M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥697.7M and CN¥108.3M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | n/a |
Cash | CN¥336.21m |
Equity | CN¥589.38m |
Total liabilities | CN¥108.29m |
Total assets | CN¥697.68m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000985's short term assets (CN¥396.5M) exceed its short term liabilities (CN¥64.9M).
Long Term Liabilities: 000985's short term assets (CN¥396.5M) exceed its long term liabilities (CN¥43.4M).
Debt to Equity History and Analysis
Debt Level: 000985 is debt free.
Reducing Debt: 000985 had no debt 5 years ago.
Debt Coverage: 000985 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 000985 has no debt, therefore coverage of interest payments is not a concern.