Huizhou China Eagle Electronic Technology Balance Sheet Health
Financial Health criteria checks 1/6
Huizhou China Eagle Electronic Technology has a total shareholder equity of CN¥2.6B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 81.6%. Its total assets and total liabilities are CN¥6.4B and CN¥3.7B respectively.
Key information
81.6%
Debt to equity ratio
CN¥2.16b
Debt
Interest coverage ratio | n/a |
Cash | CN¥442.04m |
Equity | CN¥2.65b |
Total liabilities | CN¥3.73b |
Total assets | CN¥6.38b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002579's short term assets (CN¥1.9B) do not cover its short term liabilities (CN¥2.5B).
Long Term Liabilities: 002579's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 002579's net debt to equity ratio (64.9%) is considered high.
Reducing Debt: 002579's debt to equity ratio has increased from 21.9% to 81.6% over the past 5 years.
Debt Coverage: 002579's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: Insufficient data to determine if 002579's interest payments on its debt are well covered by EBIT.