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¥1.5M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥1.2B and CN¥114.5M respectively. Huizhong Instrumentation's EBIT is CN¥91.4M making its interest coverage ratio -34.1. It has cash and short-term investments of CN¥113.7M.
Key information
0.1%
Debt to equity ratio
CN¥1.53m
Debt
| Interest coverage ratio | -34.1x |
| Cash | CN¥113.71m |
| Equity | CN¥1.11b |
| Total liabilities | CN¥114.55m |
| Total assets | CN¥1.23b |
Recent financial health updates
No updates
Recent updates
Returns On Capital Signal Tricky Times Ahead For Huizhong Instrumentation (SZSE:300371)
Oct 05
Huizhong Instrumentation Co., Ltd.'s (SZSE:300371) Shares Bounce 27% But Its Business Still Trails The Market
Aug 16Be Wary Of Huizhong Instrumentation (SZSE:300371) And Its Returns On Capital
Apr 17The Market Lifts Huizhong Instrumentation Co., Ltd. (SZSE:300371) Shares 38% But It Can Do More
Mar 08Financial Position Analysis
Short Term Liabilities: 300371's short term assets (CN¥810.3M) exceed its short term liabilities (CN¥103.4M).
Long Term Liabilities: 300371's short term assets (CN¥810.3M) exceed its long term liabilities (CN¥11.2M).
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 0.1% over the past 5 years.
Debt Coverage: 300371's debt is well covered by operating cash flow (5367%).
Interest Coverage: 300371 earns more interest than it pays, so coverage of interest payments is not a concern.