Huizhou Speed Wireless TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Huizhou Speed Wireless TechnologyLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 95.7%. Its total assets and total liabilities are CN¥2.8B and CN¥1.7B respectively.
Key information
95.7%
Debt to equity ratio
CN¥1.04b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥402.49m |
| Equity | CN¥1.08b |
| Total liabilities | CN¥1.69b |
| Total assets | CN¥2.77b |
Recent financial health updates
Would Huizhou Speed Wireless TechnologyLtd (SZSE:300322) Be Better Off With Less Debt?
Jul 16
Would Huizhou Speed Wireless TechnologyLtd (SZSE:300322) Be Better Off With Less Debt?
Mar 04Recent updates
Would Huizhou Speed Wireless TechnologyLtd (SZSE:300322) Be Better Off With Less Debt?
Jul 16There's No Escaping Huizhou Speed Wireless Technology Co.,Ltd.'s (SZSE:300322) Muted Revenues Despite A 39% Share Price Rise
Mar 29Would Huizhou Speed Wireless TechnologyLtd (SZSE:300322) Be Better Off With Less Debt?
Mar 04Financial Position Analysis
Short Term Liabilities: 300322's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 300322's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥306.2M).
Debt to Equity History and Analysis
Debt Level: 300322's net debt to equity ratio (58.5%) is considered high.
Reducing Debt: 300322's debt to equity ratio has reduced from 98.2% to 95.7% over the past 5 years.
Debt Coverage: 300322's debt is not well covered by operating cash flow (0.6%).
Interest Coverage: Insufficient data to determine if 300322's interest payments on its debt are well covered by EBIT.