Huizhong Instrumentation Balance Sheet Health
Financial Health criteria checks 5/6
Huizhong Instrumentation has a total shareholder equity of CN¥1.1B and total debt of CN¥1.8M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥1.2B and CN¥99.6M respectively. Huizhong Instrumentation's EBIT is CN¥117.7M making its interest coverage ratio 735.9. It has cash and short-term investments of CN¥106.2M.
Key information
0.2%
Debt to equity ratio
CN¥1.79m
Debt
Interest coverage ratio | 735.9x |
Cash | CN¥106.23m |
Equity | CN¥1.09b |
Total liabilities | CN¥99.63m |
Total assets | CN¥1.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300371's short term assets (CN¥759.0M) exceed its short term liabilities (CN¥87.6M).
Long Term Liabilities: 300371's short term assets (CN¥759.0M) exceed its long term liabilities (CN¥12.0M).
Debt to Equity History and Analysis
Debt Level: 300371 has more cash than its total debt.
Reducing Debt: 300371's debt to equity ratio has increased from 0% to 0.2% over the past 5 years.
Debt Coverage: 300371's debt is well covered by operating cash flow (3356.6%).
Interest Coverage: 300371's interest payments on its debt are well covered by EBIT (735.9x coverage).