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¥3.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥4.0B and CN¥417.2M respectively. Hicon Network Technology (Shandong)Ltd's EBIT is CN¥411.6M making its interest coverage ratio -9.1. It has cash and short-term investments of CN¥3.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -9.1x |
Cash | CN¥3.07b |
Equity | CN¥3.54b |
Total liabilities | CN¥417.21m |
Total assets | CN¥3.96b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301262's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥412.7M).
Long Term Liabilities: 301262's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥4.5M).
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.