Hi-Trend Technology (Shanghai) Balance Sheet Health
Financial Health criteria checks 6/6
Hi-Trend Technology (Shanghai) has a total shareholder equity of CN¥2.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.2B and CN¥103.9M respectively. Hi-Trend Technology (Shanghai)'s EBIT is CN¥47.5M making its interest coverage ratio -1. It has cash and short-term investments of CN¥1.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -1x |
Cash | CN¥1.12b |
Equity | CN¥2.05b |
Total liabilities | CN¥103.92m |
Total assets | CN¥2.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688391's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥99.1M).
Long Term Liabilities: 688391's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥4.8M).
Debt to Equity History and Analysis
Debt Level: 688391 is debt free.
Reducing Debt: 688391 had no debt 5 years ago.
Debt Coverage: 688391 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688391 has no debt, therefore coverage of interest payments is not a concern.