Zhuzhou Hongda ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhuzhou Hongda ElectronicsLtd has a total shareholder equity of CN¥5.1B and total debt of CN¥12.0M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥5.8B and CN¥631.1M respectively. Zhuzhou Hongda ElectronicsLtd's EBIT is CN¥423.2M making its interest coverage ratio -14.1. It has cash and short-term investments of CN¥1.3B.
Key information
0.2%
Debt to equity ratio
CN¥12.00m
Debt
Interest coverage ratio | -14.1x |
Cash | CN¥1.33b |
Equity | CN¥5.13b |
Total liabilities | CN¥631.09m |
Total assets | CN¥5.76b |
Recent financial health updates
Recent updates
Calculating The Fair Value Of Zhuzhou Hongda Electronics Corp.,Ltd. (SZSE:300726)
Jun 11Zhuzhou Hongda ElectronicsLtd (SZSE:300726) Will Pay A Smaller Dividend Than Last Year
May 23We Think You Can Look Beyond Zhuzhou Hongda ElectronicsLtd's (SZSE:300726) Lackluster Earnings
Apr 25Is Now An Opportune Moment To Examine Zhuzhou Hongda Electronics Corp.,Ltd. (SZSE:300726)?
Apr 12Returns On Capital At Zhuzhou Hongda ElectronicsLtd (SZSE:300726) Paint A Concerning Picture
Mar 25Even With A 27% Surge, Cautious Investors Are Not Rewarding Zhuzhou Hongda Electronics Corp.,Ltd.'s (SZSE:300726) Performance Completely
Mar 04Zhuzhou Hongda ElectronicsLtd (SZSE:300726) Has A Pretty Healthy Balance Sheet
Feb 29Financial Position Analysis
Short Term Liabilities: 300726's short term assets (CN¥4.4B) exceed its short term liabilities (CN¥423.8M).
Long Term Liabilities: 300726's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥207.3M).
Debt to Equity History and Analysis
Debt Level: 300726 has more cash than its total debt.
Reducing Debt: 300726's debt to equity ratio has increased from 0% to 0.2% over the past 5 years.
Debt Coverage: 300726's debt is well covered by operating cash flow (5065.4%).
Interest Coverage: 300726 earns more interest than it pays, so coverage of interest payments is not a concern.