Hytera Communications Balance Sheet Health
Financial Health criteria checks 6/6
Hytera Communications has a total shareholder equity of CN¥6.2B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are CN¥11.5B and CN¥5.4B respectively. Hytera Communications's EBIT is CN¥423.3M making its interest coverage ratio 6.4. It has cash and short-term investments of CN¥1.1B.
Key information
36.3%
Debt to equity ratio
CN¥2.24b
Debt
| Interest coverage ratio | 6.4x |
| Cash | CN¥1.06b |
| Equity | CN¥6.17b |
| Total liabilities | CN¥5.37b |
| Total assets | CN¥11.54b |
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¥6.8B) exceed its short term liabilities (CN¥4.2B).
Long Term Liabilities: 002583's short term assets (CN¥6.8B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 002583's net debt to equity ratio (19.1%) is considered satisfactory.
Reducing Debt: 002583's debt to equity ratio has reduced from 90.5% to 36.3% over the past 5 years.
Debt Coverage: 002583's debt is well covered by operating cash flow (27.3%).
Interest Coverage: 002583's interest payments on its debt are well covered by EBIT (6.4x coverage).