Hangzhou Onechance Tech Crop Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Onechance Tech Crop has a total shareholder equity of CN¥2.8B and total debt of CN¥2.6M, which brings its debt-to-equity ratio to 0.09%. Its total assets and total liabilities are CN¥3.0B and CN¥181.8M respectively. Hangzhou Onechance Tech Crop's EBIT is CN¥80.2M making its interest coverage ratio -4.3. It has cash and short-term investments of CN¥1.0B.
Key information
0.09%
Debt to equity ratio
CN¥2.57m
Debt
| Interest coverage ratio | -4.3x |
| Cash | CN¥1.02b |
| Equity | CN¥2.84b |
| Total liabilities | CN¥181.77m |
| Total assets | CN¥3.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300792's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥156.7M).
Long Term Liabilities: 300792's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥25.1M).
Debt to Equity History and Analysis
Debt Level: 300792 has more cash than its total debt.
Reducing Debt: 300792's debt to equity ratio has increased from 0% to 0.09% over the past 5 years.
Debt Coverage: 300792's debt is well covered by operating cash flow (2862.8%).
Interest Coverage: 300792 earns more interest than it pays, so coverage of interest payments is not a concern.