Hylink Digital SolutionsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hylink Digital SolutionsLtd has a total shareholder equity of CN¥722.0M and total debt of CN¥556.6M, which brings its debt-to-equity ratio to 77.1%. Its total assets and total liabilities are CN¥2.9B and CN¥2.2B respectively.
Key information
77.1%
Debt to equity ratio
CN¥556.61m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥312.03m |
| Equity | CN¥722.00m |
| Total liabilities | CN¥2.22b |
| Total assets | CN¥2.94b |
Financial Position Analysis
Short Term Liabilities: 603825's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 603825's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥172.0M).
Debt to Equity History and Analysis
Debt Level: 603825's net debt to equity ratio (33.9%) is considered satisfactory.
Reducing Debt: 603825's debt to equity ratio has reduced from 84.5% to 77.1% over the past 5 years.
Debt Coverage: 603825's debt is well covered by operating cash flow (32.1%).
Interest Coverage: Insufficient data to determine if 603825's interest payments on its debt are well covered by EBIT.