Sichuan Huiyuan Optical Communication Balance Sheet Health
Financial Health criteria checks 6/6
Sichuan Huiyuan Optical Communication has a total shareholder equity of CN¥339.3M and total debt of CN¥40.3M, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are CN¥550.4M and CN¥211.1M respectively. Sichuan Huiyuan Optical Communication's EBIT is CN¥3.9M making its interest coverage ratio 17.1. It has cash and short-term investments of CN¥114.7M.
Key information
11.9%
Debt to equity ratio
CN¥40.26m
Debt
Interest coverage ratio | 17.1x |
Cash | CN¥114.69m |
Equity | CN¥339.33m |
Total liabilities | CN¥211.05m |
Total assets | CN¥550.38m |
Recent financial health updates
No updates
Recent updates
Sichuan Huiyuan Optical Communication Co., Ltd. (SZSE:000586) May Have Run Too Fast Too Soon With Recent 26% Price Plummet
Apr 17We Think Sichuan Huiyuan Optical Communication's (SZSE:000586) Healthy Earnings Might Be Conservative
Apr 09Subdued Growth No Barrier To Sichuan Huiyuan Optical Communication Co., Ltd. (SZSE:000586) With Shares Advancing 44%
Mar 01Financial Position Analysis
Short Term Liabilities: 000586's short term assets (CN¥465.0M) exceed its short term liabilities (CN¥202.5M).
Long Term Liabilities: 000586's short term assets (CN¥465.0M) exceed its long term liabilities (CN¥8.5M).
Debt to Equity History and Analysis
Debt Level: 000586 has more cash than its total debt.
Reducing Debt: 000586's debt to equity ratio has reduced from 31.2% to 11.9% over the past 5 years.
Debt Coverage: 000586's debt is well covered by operating cash flow (78.4%).
Interest Coverage: 000586's interest payments on its debt are well covered by EBIT (17.1x coverage).