Hicon Network Technology (Shandong)Ltd Balance Sheet Health
Financial Health criteria checks 6/6
Hicon Network Technology (Shandong)Ltd has a total shareholder equity of CN¥3.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥4.1B and CN¥507.4M respectively. Hicon Network Technology (Shandong)Ltd's EBIT is CN¥452.7M making its interest coverage ratio -8.5. It has cash and short-term investments of CN¥3.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -8.5x |
| Cash | CN¥3.18b |
| Equity | CN¥3.64b |
| Total liabilities | CN¥507.45m |
| Total assets | CN¥4.15b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301262's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥503.6M).
Long Term Liabilities: 301262's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥3.9M).
Debt to Equity History and Analysis
Debt Level: 301262 is debt free.
Reducing Debt: 301262 has not had any debt for past 5 years.
Debt Coverage: 301262 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301262 has no debt, therefore coverage of interest payments is not a concern.