Haier Smart Home Balance Sheet Health
Financial Health criteria checks 6/6
Haier Smart Home has a total shareholder equity of CN¥105.9B and total debt of CN¥28.4B, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are CN¥253.4B and CN¥147.5B respectively. Haier Smart Home's EBIT is CN¥17.4B making its interest coverage ratio -13.6. It has cash and short-term investments of CN¥57.0B.
Key information
26.8%
Debt to equity ratio
CN¥28.40b
Debt
Interest coverage ratio | -13.6x |
Cash | CN¥56.97b |
Equity | CN¥105.91b |
Total liabilities | CN¥147.47b |
Total assets | CN¥253.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HAI0's short term assets (CN¥132.6B) exceed its short term liabilities (CN¥120.0B).
Long Term Liabilities: HAI0's short term assets (CN¥132.6B) exceed its long term liabilities (CN¥27.5B).
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 61% to 26.8% over the past 5 years.
Debt Coverage: HAI0's debt is well covered by operating cash flow (88.9%).
Interest Coverage: HAI0 earns more interest than it pays, so coverage of interest payments is not a concern.