Hangzhou First Applied Material Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou First Applied Material has a total shareholder equity of CN¥16.3B and total debt of CN¥4.4B, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are CN¥22.6B and CN¥6.4B respectively. Hangzhou First Applied Material's EBIT is CN¥1.9B making its interest coverage ratio -23.5. It has cash and short-term investments of CN¥5.4B.
Key information
26.8%
Debt to equity ratio
CN¥4.36b
Debt
| Interest coverage ratio | -23.5x |
| Cash | CN¥5.38b |
| Equity | CN¥16.28b |
| Total liabilities | CN¥6.35b |
| Total assets | CN¥22.63b |
Recent financial health updates
Recent updates
Hangzhou First Applied Material's (SHSE:603806) Profits May Not Reveal Underlying Issues
Apr 18
Hangzhou First Applied Material Co., Ltd. Just Missed EPS By 11%: Here's What Analysts Think Will Happen Next
Apr 15Here's Why Hangzhou First Applied Material (SHSE:603806) Has A Meaningful Debt Burden
Mar 19After Leaping 29% Hangzhou First Applied Material Co., Ltd. (SHSE:603806) Shares Are Not Flying Under The Radar
Mar 04Financial Position Analysis
Short Term Liabilities: 603806's short term assets (CN¥17.7B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 603806's short term assets (CN¥17.7B) exceed its long term liabilities (CN¥2.9B).
Debt to Equity History and Analysis
Debt Level: 603806 has more cash than its total debt.
Reducing Debt: 603806's debt to equity ratio has increased from 0.3% to 26.8% over the past 5 years.
Debt Coverage: 603806's debt is well covered by operating cash flow (21.2%).
Interest Coverage: 603806 earns more interest than it pays, so coverage of interest payments is not a concern.