Hengfeng Information Technology Balance Sheet Health
Financial Health criteria checks 3/6
Hengfeng Information Technology has a total shareholder equity of CN¥579.4M and total debt of CN¥383.0M, which brings its debt-to-equity ratio to 66.1%. Its total assets and total liabilities are CN¥1.3B and CN¥738.2M respectively. Hengfeng Information Technology's EBIT is CN¥34.3M making its interest coverage ratio -86.6. It has cash and short-term investments of CN¥127.1M.
Key information
66.1%
Debt to equity ratio
CN¥382.96m
Debt
Interest coverage ratio | -86.6x |
Cash | CN¥127.11m |
Equity | CN¥579.38m |
Total liabilities | CN¥738.19m |
Total assets | CN¥1.32b |
Recent financial health updates
No updates
Recent updates
Hengfeng Information Technology Co., Ltd.'s (SZSE:300605) 26% Share Price Plunge Could Signal Some Risk
Apr 21There Are Reasons To Feel Uneasy About Hengfeng Information Technology's (SZSE:300605) Returns On Capital
Apr 18Revenues Not Telling The Story For Hengfeng Information Technology Co., Ltd. (SZSE:300605) After Shares Rise 33%
Mar 07Financial Position Analysis
Short Term Liabilities: 300605's short term assets (CN¥986.3M) exceed its short term liabilities (CN¥508.2M).
Long Term Liabilities: 300605's short term assets (CN¥986.3M) exceed its long term liabilities (CN¥230.0M).
Debt to Equity History and Analysis
Debt Level: 300605's net debt to equity ratio (44.2%) is considered high.
Reducing Debt: 300605's debt to equity ratio has increased from 0% to 66.1% over the past 5 years.
Debt Coverage: 300605's debt is not well covered by operating cash flow (3.6%).
Interest Coverage: 300605 earns more interest than it pays, so coverage of interest payments is not a concern.