Shanghai Huace Navigation Technology Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Huace Navigation Technology has a total shareholder equity of CN¥3.0B and total debt of CN¥235.9M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are CN¥4.4B and CN¥1.4B respectively. Shanghai Huace Navigation Technology's EBIT is CN¥371.8M making its interest coverage ratio -20.6. It has cash and short-term investments of CN¥1.7B.
Key information
7.8%
Debt to equity ratio
CN¥235.93m
Debt
| Interest coverage ratio | -20.6x |
| Cash | CN¥1.68b |
| Equity | CN¥3.04b |
| Total liabilities | CN¥1.37b |
| Total assets | CN¥4.41b |
Recent financial health updates
Recent updates
Risks To Shareholder Returns Are Elevated At These Prices For Shanghai Huace Navigation Technology Ltd (SZSE:300627)
Apr 15
Here's Why We Think Shanghai Huace Navigation Technology (SZSE:300627) Is Well Worth Watching
Mar 27Shanghai Huace Navigation Technology (SZSE:300627) Could Easily Take On More Debt
Mar 11Financial Position Analysis
Short Term Liabilities: 300627's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300627's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥197.1M).
Debt to Equity History and Analysis
Debt Level: 300627 has more cash than its total debt.
Reducing Debt: 300627's debt to equity ratio has reduced from 9.2% to 7.8% over the past 5 years.
Debt Coverage: 300627's debt is well covered by operating cash flow (188.8%).
Interest Coverage: 300627 earns more interest than it pays, so coverage of interest payments is not a concern.