Suzhou K-Hiragawa Electronic Technology Balance Sheet Health
Financial Health criteria checks 6/6
Suzhou K-Hiragawa Electronic Technology has a total shareholder equity of CN¥1.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.5B and CN¥412.0M respectively. Suzhou K-Hiragawa Electronic Technology's EBIT is CN¥90.5M making its interest coverage ratio -4.9. It has cash and short-term investments of CN¥776.1M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -4.9x |
| Cash | CN¥776.06m |
| Equity | CN¥1.13b |
| Total liabilities | CN¥411.96m |
| Total assets | CN¥1.54b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603052's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥409.9M).
Long Term Liabilities: 603052's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥2.0M).
Debt to Equity History and Analysis
Debt Level: 603052 is debt free.
Reducing Debt: 603052 has no debt compared to 5 years ago when its debt to equity ratio was 9.7%.
Debt Coverage: 603052 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603052 has no debt, therefore coverage of interest payments is not a concern.