Wuxi Hodgen Technology Balance Sheet Health
Financial Health criteria checks 6/6
Wuxi Hodgen Technology has a total shareholder equity of CN¥951.0M and total debt of CN¥598.1M, which brings its debt-to-equity ratio to 62.9%. Its total assets and total liabilities are CN¥2.2B and CN¥1.3B respectively. Wuxi Hodgen Technology's EBIT is CN¥114.8M making its interest coverage ratio 17.1. It has cash and short-term investments of CN¥461.7M.
Key information
62.9%
Debt to equity ratio
CN¥598.06m
Debt
| Interest coverage ratio | 17.1x |
| Cash | CN¥461.67m |
| Equity | CN¥951.03m |
| Total liabilities | CN¥1.27b |
| Total assets | CN¥2.22b |
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¥1.2B).
Long Term Liabilities: 300279's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥76.0M).
Debt to Equity History and Analysis
Debt Level: 300279's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: 300279's debt to equity ratio has reduced from 96.3% to 62.9% over the past 5 years.
Debt Coverage: 300279's debt is well covered by operating cash flow (33.1%).
Interest Coverage: 300279's interest payments on its debt are well covered by EBIT (17.1x coverage).