Harbin Xinguang Optic-Electronics TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Harbin Xinguang Optic-Electronics TechnologyLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥2.0M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥1.3B and CN¥168.3M respectively.
Key information
0.2%
Debt to equity ratio
CN¥2.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥679.36m |
| Equity | CN¥1.14b |
| Total liabilities | CN¥168.25m |
| Total assets | CN¥1.31b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688011's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥128.4M).
Long Term Liabilities: 688011's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥39.8M).
Debt to Equity History and Analysis
Debt Level: 688011 has more cash than its total debt.
Reducing Debt: 688011's debt to equity ratio has reduced from 19.7% to 0.2% over the past 5 years.
Debt Coverage: 688011's debt is well covered by operating cash flow (283.6%).
Interest Coverage: Insufficient data to determine if 688011's interest payments on its debt are well covered by EBIT.