Hollyland (China) Electronics Technology Balance Sheet Health
Financial Health criteria checks 4/6
Hollyland (China) Electronics Technology has a total shareholder equity of CN¥488.7M and total debt of CN¥54.3M, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are CN¥601.3M and CN¥112.6M respectively. Hollyland (China) Electronics Technology's EBIT is CN¥18.1M making its interest coverage ratio -3. It has cash and short-term investments of CN¥138.5M.
Key information
11.1%
Debt to equity ratio
CN¥54.32m
Debt
Interest coverage ratio | -3x |
Cash | CN¥138.48m |
Equity | CN¥488.75m |
Total liabilities | CN¥112.56m |
Total assets | CN¥601.30m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002729's short term assets (CN¥367.3M) exceed its short term liabilities (CN¥78.5M).
Long Term Liabilities: 002729's short term assets (CN¥367.3M) exceed its long term liabilities (CN¥34.1M).
Debt to Equity History and Analysis
Debt Level: 002729 has more cash than its total debt.
Reducing Debt: 002729's debt to equity ratio has increased from 7% to 11.1% over the past 5 years.
Debt Coverage: 002729's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002729 earns more interest than it pays, so coverage of interest payments is not a concern.