Shanghai Huace Navigation Technology Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Huace Navigation Technology has a total shareholder equity of CN¥3.2B and total debt of CN¥210.3M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are CN¥4.3B and CN¥1.1B respectively. Shanghai Huace Navigation Technology's EBIT is CN¥399.7M making its interest coverage ratio -19.1. It has cash and short-term investments of CN¥1.3B.
Key information
6.6%
Debt to equity ratio
CN¥210.33m
Debt
Interest coverage ratio | -19.1x |
Cash | CN¥1.26b |
Equity | CN¥3.18b |
Total liabilities | CN¥1.11b |
Total assets | CN¥4.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300627's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥920.4M).
Long Term Liabilities: 300627's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥190.4M).
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 8.7% to 6.6% over the past 5 years.
Debt Coverage: 300627's debt is well covered by operating cash flow (175.3%).
Interest Coverage: 300627 earns more interest than it pays, so coverage of interest payments is not a concern.