Hangzhou CNCR-ITLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou CNCR-ITLtd has a total shareholder equity of CN¥608.9M and total debt of CN¥29.1M, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are CN¥788.1M and CN¥179.2M respectively. Hangzhou CNCR-ITLtd's EBIT is CN¥23.7M making its interest coverage ratio 10305.2. It has cash and short-term investments of CN¥280.2M.
Key information
4.8%
Debt to equity ratio
CN¥29.08m
Debt
| Interest coverage ratio | 10305.2x |
| Cash | CN¥280.19m |
| Equity | CN¥608.89m |
| Total liabilities | CN¥179.20m |
| Total assets | CN¥788.09m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300250's short term assets (CN¥500.9M) exceed its short term liabilities (CN¥171.5M).
Long Term Liabilities: 300250's short term assets (CN¥500.9M) exceed its long term liabilities (CN¥7.7M).
Debt to Equity History and Analysis
Debt Level: 300250 has more cash than its total debt.
Reducing Debt: 300250's debt to equity ratio has increased from 1.9% to 4.8% over the past 5 years.
Debt Coverage: 300250's debt is well covered by operating cash flow (146.8%).
Interest Coverage: 300250's interest payments on its debt are well covered by EBIT (10305.2x coverage).