HitGen Balance Sheet Health
Financial Health criteria checks 5/6
HitGen has a total shareholder equity of CN¥1.4B and total debt of CN¥208.3M, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are CN¥1.7B and CN¥340.2M respectively. HitGen's EBIT is CN¥48.7M making its interest coverage ratio -3.1. It has cash and short-term investments of CN¥983.8M.
Key information
14.9%
Debt to equity ratio
CN¥208.34m
Debt
| Interest coverage ratio | -3.1x |
| Cash | CN¥983.77m |
| Equity | CN¥1.40b |
| Total liabilities | CN¥340.24m |
| Total assets | CN¥1.74b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 688222's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥80.2M).
Long Term Liabilities: 688222's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥260.1M).
Debt to Equity History and Analysis
Debt Level: 688222 has more cash than its total debt.
Reducing Debt: 688222's debt to equity ratio has increased from 0.5% to 14.9% over the past 5 years.
Debt Coverage: 688222's debt is well covered by operating cash flow (70.2%).
Interest Coverage: 688222 earns more interest than it pays, so coverage of interest payments is not a concern.