Huazhong In-Vehicle Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Huazhong In-Vehicle Holdings has a total shareholder equity of CN¥1.6B and total debt of CN¥611.4M, which brings its debt-to-equity ratio to 39.4%. Its total assets and total liabilities are CN¥3.4B and CN¥1.9B respectively. Huazhong In-Vehicle Holdings's EBIT is CN¥29.6M making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥112.2M.
Key information
39.4%
Debt to equity ratio
CN¥611.38m
Debt
| Interest coverage ratio | 1.7x |
| Cash | CN¥112.22m |
| Equity | CN¥1.55b |
| Total liabilities | CN¥1.85b |
| Total assets | CN¥3.41b |
Recent financial health updates
Is Huazhong In-Vehicle Holdings (HKG:6830) Using Too Much Debt?
Apr 21
Huazhong In-Vehicle Holdings (HKG:6830) Takes On Some Risk With Its Use Of Debt
Sep 07Huazhong In-Vehicle Holdings (HKG:6830) Has A Somewhat Strained Balance Sheet
Mar 31Recent updates
With EPS Growth And More, Huazhong In-Vehicle Holdings (HKG:6830) Makes An Interesting Case
Oct 04Returns On Capital At Huazhong In-Vehicle Holdings (HKG:6830) Paint A Concerning Picture
Dec 20Returns On Capital Signal Tricky Times Ahead For Huazhong In-Vehicle Holdings (HKG:6830)
May 26Is Huazhong In-Vehicle Holdings (HKG:6830) Using Too Much Debt?
Apr 21Returns On Capital Signal Tricky Times Ahead For Huazhong In-Vehicle Holdings (HKG:6830)
Feb 15The Returns On Capital At Huazhong In-Vehicle Holdings (HKG:6830) Don't Inspire Confidence
Sep 25Huazhong In-Vehicle Holdings (HKG:6830) Takes On Some Risk With Its Use Of Debt
Sep 07Huazhong In-Vehicle Holdings (HKG:6830) Will Be Hoping To Turn Its Returns On Capital Around
Jun 02Huazhong In-Vehicle Holdings (HKG:6830) Has A Somewhat Strained Balance Sheet
Mar 31Does Huazhong In-Vehicle Holdings' (HKG:6830) Share Price Gain of 86% Match Its Business Performance?
Mar 01Huazhong In-Vehicle Holdings Company Limited (HKG:6830) Has Varied Financials: Could That Be Why Its Recent Performance Has Been Uneventful?
Jan 10Here's What To Make Of Huazhong In-Vehicle Holdings' (HKG:6830) Returns On Capital
Dec 18
A Look At Huazhong In-Vehicle Holdings' (HKG:6830) Share Price Returns
Nov 30Financial Position Analysis
Short Term Liabilities: 6830's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 6830's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥406.3M).
Debt to Equity History and Analysis
Debt Level: 6830's net debt to equity ratio (32.1%) is considered satisfactory.
Reducing Debt: 6830's debt to equity ratio has reduced from 81.2% to 39.4% over the past 5 years.
Debt Coverage: 6830's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6830's interest payments on its debt are not well covered by EBIT (1.7x coverage).