Howkingtech International Holding Balance Sheet Health
Financial Health criteria checks 4/6
Howkingtech International Holding has a total shareholder equity of CN¥268.4M and total debt of CN¥5.0M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are CN¥350.8M and CN¥82.4M respectively. Howkingtech International Holding's EBIT is CN¥32.1M making its interest coverage ratio -66.7. It has cash and short-term investments of CN¥34.0M.
Key information
1.9%
Debt to equity ratio
CN¥5.01m
Debt
| Interest coverage ratio | -66.7x |
| Cash | CN¥34.00m |
| Equity | CN¥268.38m |
| Total liabilities | CN¥82.39m |
| Total assets | CN¥350.77m |
Recent financial health updates
No updates
Recent updates
We Think That There Are More Issues For Howkingtech International Holding (HKG:2440) Than Just Sluggish Earnings
May 01
Returns On Capital At Howkingtech International Holding (HKG:2440) Paint A Concerning Picture
Dec 12We Don’t Think Howkingtech International Holding's (HKG:2440) Earnings Should Make Shareholders Too Comfortable
Sep 25Howkingtech International Holding Limited's (HKG:2440) Shareholders Might Be Looking For Exit
May 21Financial Position Analysis
Short Term Liabilities: 2440's short term assets (CN¥322.6M) exceed its short term liabilities (CN¥81.5M).
Long Term Liabilities: 2440's short term assets (CN¥322.6M) exceed its long term liabilities (CN¥927.0K).
Debt to Equity History and Analysis
Debt Level: 2440 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2440's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2440's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2440 earns more interest than it pays, so coverage of interest payments is not a concern.