Huazhang Technology Holding Balance Sheet Health
Financial Health criteria checks 5/6
Huazhang Technology Holding has a total shareholder equity of CN¥333.5M and total debt of CN¥76.1M, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are CN¥955.2M and CN¥621.7M respectively.
Key information
22.8%
Debt to equity ratio
CN¥76.08m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥81.69m |
| Equity | CN¥333.50m |
| Total liabilities | CN¥621.71m |
| Total assets | CN¥955.21m |
Recent financial health updates
Would Huazhang Technology Holding (HKG:1673) Be Better Off With Less Debt?
Nov 21
Is Huazhang Technology Holding (HKG:1673) Using Too Much Debt?
Oct 26Huazhang Technology Holding (HKG:1673) Has A Somewhat Strained Balance Sheet
May 05Recent updates
With A 37% Price Drop For Huazhang Technology Holding Limited (HKG:1673) You'll Still Get What You Pay For
Feb 08Would Huazhang Technology Holding (HKG:1673) Be Better Off With Less Debt?
Nov 21Capital Allocation Trends At Huazhang Technology Holding (HKG:1673) Aren't Ideal
Feb 15Is Huazhang Technology Holding (HKG:1673) Using Too Much Debt?
Oct 26Huazhang Technology Holding (HKG:1673) Has A Somewhat Strained Balance Sheet
May 05The Returns On Capital At Huazhang Technology Holding (HKG:1673) Don't Inspire Confidence
Apr 14How Does Huazhang Technology Holding's (HKG:1673) CEO Pay Compare With Company Performance?
Mar 02A Look At Huazhang Technology Holding's (HKG:1673) Share Price Returns
Feb 07
Financial Position Analysis
Short Term Liabilities: 1673's short term assets (CN¥700.2M) exceed its short term liabilities (CN¥596.9M).
Long Term Liabilities: 1673's short term assets (CN¥700.2M) exceed its long term liabilities (CN¥24.8M).
Debt to Equity History and Analysis
Debt Level: 1673 has more cash than its total debt.
Reducing Debt: 1673's debt to equity ratio has increased from 17.3% to 22.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 1673 has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 1673 is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.