Hydsoft TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Hydsoft TechnologyLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥113.3M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are CN¥1.5B and CN¥388.5M respectively. Hydsoft TechnologyLtd's EBIT is CN¥108.2M making its interest coverage ratio -45.4. It has cash and short-term investments of CN¥304.9M.
Key information
9.9%
Debt to equity ratio
CN¥113.30m
Debt
Interest coverage ratio | -45.4x |
Cash | CN¥304.94m |
Equity | CN¥1.14b |
Total liabilities | CN¥388.46m |
Total assets | CN¥1.53b |
Financial Position Analysis
Short Term Liabilities: 301316's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥293.4M).
Long Term Liabilities: 301316's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥95.1M).
Debt to Equity History and Analysis
Debt Level: 301316 has more cash than its total debt.
Reducing Debt: 301316's debt to equity ratio has reduced from 43.9% to 9.9% over the past 5 years.
Debt Coverage: 301316's debt is well covered by operating cash flow (82.9%).
Interest Coverage: 301316 earns more interest than it pays, so coverage of interest payments is not a concern.