Hangji Global Balance Sheet Health
Financial Health criteria checks 6/6
Hangji Global has a total shareholder equity of $173.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $184.9M and $11.4M respectively. Hangji Global's EBIT is $16.7M making its interest coverage ratio -54.1. It has cash and short-term investments of $88.0K.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -54.1x |
| Cash | US$87.96k |
| Equity | US$173.43m |
| Total liabilities | US$11.43m |
| Total assets | US$184.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HANGJI's short term assets ($156.8M) exceed its short term liabilities ($11.1M).
Long Term Liabilities: HANGJI's short term assets ($156.8M) exceed its long term liabilities ($330.9K).
Debt to Equity History and Analysis
Debt Level: HANGJI is debt free.
Reducing Debt: HANGJI has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: HANGJI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HANGJI has no debt, therefore coverage of interest payments is not a concern.