Shanghai Hajime Advanced Material Technology Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Hajime Advanced Material Technology has a total shareholder equity of CN¥1.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.4B and CN¥175.6M respectively. Shanghai Hajime Advanced Material Technology's EBIT is CN¥112.2M making its interest coverage ratio -4.9. It has cash and short-term investments of CN¥594.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -4.9x |
Cash | CN¥594.72m |
Equity | CN¥1.18b |
Total liabilities | CN¥175.58m |
Total assets | CN¥1.36b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301000's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥163.9M).
Long Term Liabilities: 301000's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥11.7M).
Debt to Equity History and Analysis
Debt Level: 301000 is debt free.
Reducing Debt: 301000 has no debt compared to 5 years ago when its debt to equity ratio was 6.3%.
Debt Coverage: 301000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301000 has no debt, therefore coverage of interest payments is not a concern.