Hi-Target Navigation TechLtd Balance Sheet Health
Financial Health criteria checks 3/6
Hi-Target Navigation TechLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥537.9M, which brings its debt-to-equity ratio to 33.9%. Its total assets and total liabilities are CN¥3.1B and CN¥1.5B respectively.
Key information
33.9%
Debt to equity ratio
CN¥537.88m
Debt
Interest coverage ratio | n/a |
Cash | CN¥419.26m |
Equity | CN¥1.59b |
Total liabilities | CN¥1.52b |
Total assets | CN¥3.10b |
Recent financial health updates
Recent updates
Hi-Target Navigation Tech Co.,Ltd's (SZSE:300177) 28% Share Price Surge Not Quite Adding Up
Aug 05Hi-Target Navigation TechLtd (SZSE:300177) Is Carrying A Fair Bit Of Debt
Jul 13What Hi-Target Navigation Tech Co.,Ltd's (SZSE:300177) 27% Share Price Gain Is Not Telling You
May 02Hi-Target Navigation Tech Co.,Ltd (SZSE:300177) Stock Catapults 26% Though Its Price And Business Still Lag The Industry
Mar 11Financial Position Analysis
Short Term Liabilities: 300177's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 300177's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥57.8M).
Debt to Equity History and Analysis
Debt Level: 300177's net debt to equity ratio (7.5%) is considered satisfactory.
Reducing Debt: 300177's debt to equity ratio has increased from 10.7% to 33.9% over the past 5 years.
Debt Coverage: 300177's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300177's interest payments on its debt are well covered by EBIT.