Haier Smart Home Balance Sheet Health
Financial Health criteria checks 6/6
Haier Smart Home has a total shareholder equity of CN¥110.0B and total debt of CN¥28.4B, which brings its debt-to-equity ratio to 25.8%. Its total assets and total liabilities are CN¥257.9B and CN¥147.8B respectively. Haier Smart Home's EBIT is CN¥18.3B making its interest coverage ratio -15.3. It has cash and short-term investments of CN¥54.5B.
Key information
25.8%
Debt to equity ratio
CN¥28.44b
Debt
| Interest coverage ratio | -15.3x |
| Cash | CN¥54.46b |
| Equity | CN¥110.01b |
| Total liabilities | CN¥147.85b |
| Total assets | CN¥257.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HAI0's short term assets (CN¥136.9B) exceed its short term liabilities (CN¥119.6B).
Long Term Liabilities: HAI0's short term assets (CN¥136.9B) exceed its long term liabilities (CN¥28.2B).
Debt to Equity History and Analysis
Debt Level: HAI0 has more cash than its total debt.
Reducing Debt: HAI0's debt to equity ratio has reduced from 53.4% to 25.8% over the past 5 years.
Debt Coverage: HAI0's debt is well covered by operating cash flow (90.1%).
Interest Coverage: HAI0 earns more interest than it pays, so coverage of interest payments is not a concern.