Hollyland (China) Electronics Technology Balance Sheet Health
Financial Health criteria checks 5/6
Hollyland (China) Electronics Technology has a total shareholder equity of CN¥517.3M and total debt of CN¥17.9M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are CN¥620.8M and CN¥103.5M respectively. Hollyland (China) Electronics Technology's EBIT is CN¥35.1M making its interest coverage ratio -34.2. It has cash and short-term investments of CN¥126.0M.
Key information
3.5%
Debt to equity ratio
CN¥17.87m
Debt
| Interest coverage ratio | -34.2x |
| Cash | CN¥126.00m |
| Equity | CN¥517.27m |
| Total liabilities | CN¥103.49m |
| Total assets | CN¥620.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002729's short term assets (CN¥393.6M) exceed its short term liabilities (CN¥85.7M).
Long Term Liabilities: 002729's short term assets (CN¥393.6M) exceed its long term liabilities (CN¥17.8M).
Debt to Equity History and Analysis
Debt Level: 002729 has more cash than its total debt.
Reducing Debt: 002729's debt to equity ratio has increased from 3.4% to 3.5% over the past 5 years.
Debt Coverage: 002729's debt is well covered by operating cash flow (214.3%).
Interest Coverage: 002729 earns more interest than it pays, so coverage of interest payments is not a concern.