Hangjin Technology Balance Sheet Health
Financial Health criteria checks 4/6
Hangjin Technology has a total shareholder equity of CN¥4.0B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 52.1%. Its total assets and total liabilities are CN¥8.2B and CN¥4.2B respectively. Hangjin Technology's EBIT is CN¥224.6M making its interest coverage ratio 4.8. It has cash and short-term investments of CN¥1.0B.
Key information
52.1%
Debt to equity ratio
CN¥2.09b
Debt
| Interest coverage ratio | 4.8x |
| Cash | CN¥1.03b |
| Equity | CN¥4.01b |
| Total liabilities | CN¥4.23b |
| Total assets | CN¥8.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000818's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥2.9B).
Long Term Liabilities: 000818's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 000818's net debt to equity ratio (26.4%) is considered satisfactory.
Reducing Debt: 000818's debt to equity ratio has increased from 21.8% to 52.1% 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 (4.8x coverage).