Shanghai Huace Navigation Technology Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Huace Navigation Technology has a total shareholder equity of CN¥3.4B and total debt of CN¥253.7M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are CN¥4.6B and CN¥1.3B respectively. Shanghai Huace Navigation Technology's EBIT is CN¥477.0M making its interest coverage ratio -9.2. It has cash and short-term investments of CN¥1.0B.
Key information
7.5%
Debt to equity ratio
CN¥253.70m
Debt
| Interest coverage ratio | -9.2x |
| Cash | CN¥1.04b |
| Equity | CN¥3.39b |
| Total liabilities | CN¥1.26b |
| Total assets | CN¥4.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300627's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 300627's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥204.7M).
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 9.5% to 7.5% over the past 5 years.
Debt Coverage: 300627's debt is well covered by operating cash flow (175%).
Interest Coverage: 300627 earns more interest than it pays, so coverage of interest payments is not a concern.