Renze Harvest International Balance Sheet Health
Financial Health criteria checks 4/6
Renze Harvest International has a total shareholder equity of HK$6.9B and total debt of HK$1.5B, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are HK$11.3B and HK$4.4B respectively.
Key information
22.4%
Debt to equity ratio
HK$1.54b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$776.22m |
| Equity | HK$6.87b |
| Total liabilities | HK$4.42b |
| Total assets | HK$11.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: W2T1's short term assets (HK$5.2B) exceed its short term liabilities (HK$3.1B).
Long Term Liabilities: W2T1's short term assets (HK$5.2B) exceed its long term liabilities (HK$1.3B).
Debt to Equity History and Analysis
Debt Level: W2T1's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: W2T1's debt to equity ratio has reduced from 89.7% to 22.4% over the past 5 years.
Debt Coverage: W2T1's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if W2T1's interest payments on its debt are well covered by EBIT.