Huizhou CEE Technology Balance Sheet Health
Financial Health criteria checks 1/6
Huizhou CEE Technology has a total shareholder equity of CN¥2.6B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 77.1%. Its total assets and total liabilities are CN¥6.2B and CN¥3.6B respectively.
Key information
77.1%
Debt to equity ratio
CN¥2.02b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥280.24m |
| Equity | CN¥2.62b |
| Total liabilities | CN¥3.62b |
| Total assets | CN¥6.24b |
Financial Position Analysis
Short Term Liabilities: 002579's short term assets (CN¥1.8B) do not cover its short term liabilities (CN¥2.5B).
Long Term Liabilities: 002579's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 002579's net debt to equity ratio (66.4%) is considered high.
Reducing Debt: 002579's debt to equity ratio has increased from 26.6% to 77.1% over the past 5 years.
Debt Coverage: 002579's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: Insufficient data to determine if 002579's interest payments on its debt are well covered by EBIT.