Hytera Communications Balance Sheet Health
Financial Health criteria checks 6/6
Hytera Communications has a total shareholder equity of CN¥6.1B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 43.3%. Its total assets and total liabilities are CN¥11.9B and CN¥5.8B respectively. Hytera Communications's EBIT is CN¥401.5M making its interest coverage ratio 15856.6. It has cash and short-term investments of CN¥1.3B.
Key information
43.3%
Debt to equity ratio
CN¥2.65b
Debt
| Interest coverage ratio | 15856.6x |
| Cash | CN¥1.32b |
| Equity | CN¥6.12b |
| Total liabilities | CN¥5.79b |
| Total assets | CN¥11.91b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002583's short term assets (CN¥7.1B) exceed its short term liabilities (CN¥4.6B).
Long Term Liabilities: 002583's short term assets (CN¥7.1B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 002583's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: 002583's debt to equity ratio has reduced from 88.1% to 43.3% over the past 5 years.
Debt Coverage: 002583's debt is well covered by operating cash flow (26.9%).
Interest Coverage: 002583's interest payments on its debt are well covered by EBIT (15856.6x coverage).