Hytera Communications Balance Sheet Health
Financial Health criteria checks 6/6
Hytera Communications has a total shareholder equity of CN¥6.3B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are CN¥11.9B and CN¥5.6B respectively. Hytera Communications's EBIT is CN¥424.2M making its interest coverage ratio 8.1. It has cash and short-term investments of CN¥877.1M.
Key information
35.2%
Debt to equity ratio
CN¥2.20b
Debt
| Interest coverage ratio | 8.1x |
| Cash | CN¥877.15m |
| Equity | CN¥6.25b |
| Total liabilities | CN¥5.62b |
| Total assets | CN¥11.87b |
Recent financial health updates
Does Hytera Communications (SZSE:002583) Have A Healthy Balance Sheet?
Sep 19
Is Hytera Communications (SZSE:002583) A Risky Investment?
May 28Recent updates
Improved Revenues Required Before Hytera Communications Corporation Limited (SZSE:002583) Stock's 37% Jump Looks Justified
Sep 24Does Hytera Communications (SZSE:002583) Have A Healthy Balance Sheet?
Sep 19Hytera Communications Corporation Limited's (SZSE:002583) Price Is Right But Growth Is Lacking
Jul 23Is Hytera Communications (SZSE:002583) A Risky Investment?
May 28Benign Growth For Hytera Communications Corporation Limited (SZSE:002583) Underpins Stock's 26% Plummet
Apr 21Financial Position Analysis
Short Term Liabilities: 002583's short term assets (CN¥7.1B) exceed its short term liabilities (CN¥4.5B).
Long Term Liabilities: 002583's short term assets (CN¥7.1B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 002583's net debt to equity ratio (21.1%) is considered satisfactory.
Reducing Debt: 002583's debt to equity ratio has reduced from 93.9% to 35.2% over the past 5 years.
Debt Coverage: 002583's debt is well covered by operating cash flow (35.7%).
Interest Coverage: 002583's interest payments on its debt are well covered by EBIT (8.1x coverage).