Wuxi Hodgen Technology Balance Sheet Health
Financial Health criteria checks 5/6
Wuxi Hodgen Technology has a total shareholder equity of CN¥925.8M and total debt of CN¥579.5M, which brings its debt-to-equity ratio to 62.6%. Its total assets and total liabilities are CN¥2.2B and CN¥1.3B respectively. Wuxi Hodgen Technology's EBIT is CN¥106.7M making its interest coverage ratio 5.5. It has cash and short-term investments of CN¥320.5M.
Key information
62.6%
Debt to equity ratio
CN¥579.53m
Debt
| Interest coverage ratio | 5.5x |
| Cash | CN¥320.50m |
| Equity | CN¥925.84m |
| Total liabilities | CN¥1.27b |
| Total assets | CN¥2.20b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300279's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 300279's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥7.4M).
Debt to Equity History and Analysis
Debt Level: 300279's net debt to equity ratio (28%) is considered satisfactory.
Reducing Debt: 300279's debt to equity ratio has reduced from 104.8% to 62.6% over the past 5 years.
Debt Coverage: 300279's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: 300279's interest payments on its debt are well covered by EBIT (5.5x coverage).