Hubei Century Network Technology Balance Sheet Health
Financial Health criteria checks 6/6
Hubei Century Network Technology has a total shareholder equity of CN¥1.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.0B and CN¥328.6M respectively. Hubei Century Network Technology's EBIT is CN¥95.5M making its interest coverage ratio -26.1. It has cash and short-term investments of CN¥1.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -26.1x |
| Cash | CN¥1.21b |
| Equity | CN¥1.69b |
| Total liabilities | CN¥328.65m |
| Total assets | CN¥2.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300494's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥326.4M).
Long Term Liabilities: 300494's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥2.2M).
Debt to Equity History and Analysis
Debt Level: 300494 is debt free.
Reducing Debt: 300494 has no debt compared to 5 years ago when its debt to equity ratio was 2.5%.
Debt Coverage: 300494 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300494 has no debt, therefore coverage of interest payments is not a concern.