Haier Smart Home Balance Sheet Health
Financial Health criteria checks 6/6
Haier Smart Home has a total shareholder equity of CN¥108.6B and total debt of CN¥30.1B, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are CN¥262.3B and CN¥153.7B respectively. Haier Smart Home's EBIT is CN¥18.9B making its interest coverage ratio -16.5. It has cash and short-term investments of CN¥57.3B.
Key information
27.7%
Debt to equity ratio
CN¥30.07b
Debt
Interest coverage ratio | -16.5x |
Cash | CN¥57.32b |
Equity | CN¥108.58b |
Total liabilities | CN¥153.67b |
Total assets | CN¥262.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 690D's short term assets (CN¥134.5B) exceed its short term liabilities (CN¥125.6B).
Long Term Liabilities: 690D's short term assets (CN¥134.5B) exceed its long term liabilities (CN¥28.1B).
Debt to Equity History and Analysis
Debt Level: 690D has more cash than its total debt.
Reducing Debt: 690D's debt to equity ratio has reduced from 66.5% to 27.7% over the past 5 years.
Debt Coverage: 690D's debt is well covered by operating cash flow (87.4%).
Interest Coverage: 690D earns more interest than it pays, so coverage of interest payments is not a concern.