Huafon Microfibre (Shanghai) Balance Sheet Health
Financial Health criteria checks 4/6
Huafon Microfibre (Shanghai) has a total shareholder equity of CN¥4.6B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 42.1%. Its total assets and total liabilities are CN¥7.3B and CN¥2.8B respectively.
Key information
42.1%
Debt to equity ratio
CN¥1.93b
Debt
Interest coverage ratio | n/a |
Cash | CN¥254.17m |
Equity | CN¥4.58b |
Total liabilities | CN¥2.75b |
Total assets | CN¥7.33b |
Recent financial health updates
Recent updates
Huafon Microfibre (Shanghai) (SZSE:300180) Is Carrying A Fair Bit Of Debt
Aug 08Huafon Microfibre (Shanghai) Co., Ltd.'s (SZSE:300180) Share Price Boosted 42% But Its Business Prospects Need A Lift Too
May 21Estimating The Intrinsic Value Of Huafon Microfibre (Shanghai) Co., Ltd. (SZSE:300180)
Apr 24Huafon Microfibre (Shanghai) Co., Ltd.'s (SZSE:300180) Low P/S No Reason For Excitement
Mar 28Financial Position Analysis
Short Term Liabilities: 300180's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 300180's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥708.1M).
Debt to Equity History and Analysis
Debt Level: 300180's net debt to equity ratio (36.6%) is considered satisfactory.
Reducing Debt: 300180's debt to equity ratio has increased from 34% to 42.1% over the past 5 years.
Debt Coverage: 300180's debt is well covered by operating cash flow (25%).
Interest Coverage: Insufficient data to determine if 300180's interest payments on its debt are well covered by EBIT.