Hangzhou Prevail Optoelectronic Equipment Balance Sheet Health
Financial Health criteria checks 6/6
Hangzhou Prevail Optoelectronic Equipment has a total shareholder equity of CN¥692.7M and total debt of CN¥71.6M, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are CN¥879.7M and CN¥186.9M respectively. Hangzhou Prevail Optoelectronic Equipment's EBIT is CN¥19.8M making its interest coverage ratio 9.1. It has cash and short-term investments of CN¥105.1M.
Key information
10.3%
Debt to equity ratio
CN¥71.56m
Debt
| Interest coverage ratio | 9.1x |
| Cash | CN¥105.08m |
| Equity | CN¥692.71m |
| Total liabilities | CN¥186.95m |
| Total assets | CN¥879.66m |
Recent financial health updates
No updates
Recent updates
Revenues Not Telling The Story For Hangzhou Prevail Optoelectronic Equipment Co., Ltd. (SZSE:300710) After Shares Rise 33%
Oct 29
We Think Hangzhou Prevail Optoelectronic Equipment's (SZSE:300710) Solid Earnings Are Understated
Sep 04Returns On Capital At Hangzhou Prevail Optoelectronic Equipment (SZSE:300710) Paint A Concerning Picture
Jul 18Some Confidence Is Lacking In Hangzhou Prevail Optoelectronic Equipment Co., Ltd.'s (SZSE:300710) P/S
Jun 06Hangzhou Prevail Optoelectronic Equipment's (SZSE:300710) Returns On Capital Are Heading Higher
Apr 17Hangzhou Prevail Optoelectronic Equipment Co., Ltd.'s (SZSE:300710) 31% Share Price Surge Not Quite Adding Up
Mar 07Financial Position Analysis
Short Term Liabilities: 300710's short term assets (CN¥418.4M) exceed its short term liabilities (CN¥180.6M).
Long Term Liabilities: 300710's short term assets (CN¥418.4M) exceed its long term liabilities (CN¥6.4M).
Debt to Equity History and Analysis
Debt Level: 300710 has more cash than its total debt.
Reducing Debt: 300710's debt to equity ratio has reduced from 10.9% to 10.3% over the past 5 years.
Debt Coverage: 300710's debt is well covered by operating cash flow (65.7%).
Interest Coverage: 300710's interest payments on its debt are well covered by EBIT (9.1x coverage).