Hwatsing Technology Balance Sheet Health
Financial Health criteria checks 6/6
Hwatsing Technology has a total shareholder equity of CN¥6.2B and total debt of CN¥508.7M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are CN¥10.9B and CN¥4.8B respectively. Hwatsing Technology's EBIT is CN¥864.5M making its interest coverage ratio -11.2. It has cash and short-term investments of CN¥4.8B.
Key information
8.3%
Debt to equity ratio
CN¥508.70m
Debt
| Interest coverage ratio | -11.2x |
| Cash | CN¥4.78b |
| Equity | CN¥6.16b |
| Total liabilities | CN¥4.77b |
| Total assets | CN¥10.94b |
Recent financial health updates
We Think Hwatsing Technology (SHSE:688120) Can Stay On Top Of Its Debt
Oct 11
Does Hwatsing Technology (SHSE:688120) Have A Healthy Balance Sheet?
Jul 12Hwatsing Technology (SHSE:688120) Could Easily Take On More Debt
Mar 26Recent updates
Calculating The Fair Value Of Hwatsing Technology Co., Ltd. (SHSE:688120)
Oct 30We Think Hwatsing Technology (SHSE:688120) Can Stay On Top Of Its Debt
Oct 11Does Hwatsing Technology (SHSE:688120) Deserve A Spot On Your Watchlist?
Aug 19Does Hwatsing Technology (SHSE:688120) Have A Healthy Balance Sheet?
Jul 12Hwatsing Technology (SHSE:688120) Is Experiencing Growth In Returns On Capital
Jun 16A Look At The Intrinsic Value Of Hwatsing Technology Co., Ltd. (SHSE:688120)
May 25Concerns Surrounding Hwatsing Technology's (SHSE:688120) Performance
May 03What You Can Learn From Hwatsing Technology Co., Ltd.'s (SHSE:688120) P/E
Apr 22Hwatsing Technology (SHSE:688120) Could Easily Take On More Debt
Mar 26Financial Position Analysis
Short Term Liabilities: 688120's short term assets (CN¥9.1B) exceed its short term liabilities (CN¥3.7B).
Long Term Liabilities: 688120's short term assets (CN¥9.1B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 688120 has more cash than its total debt.
Reducing Debt: 688120's debt to equity ratio has reduced from 84.4% to 8.3% over the past 5 years.
Debt Coverage: 688120's debt is well covered by operating cash flow (227.6%).
Interest Coverage: 688120 earns more interest than it pays, so coverage of interest payments is not a concern.