Huafang Group Balance Sheet Health
Financial Health criteria checks 6/6
Huafang Group has a total shareholder equity of CN¥3.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.4B and CN¥410.4M respectively. Huafang Group's EBIT is CN¥428.8M making its interest coverage ratio -21. It has cash and short-term investments of CN¥2.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -21x |
Cash | CN¥2.06b |
Equity | CN¥2.99b |
Total liabilities | CN¥410.45m |
Total assets | CN¥3.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3611's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥359.2M).
Long Term Liabilities: 3611's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥51.3M).
Debt to Equity History and Analysis
Debt Level: 3611 is debt free.
Reducing Debt: 3611 has not had any debt for past 5 years.
Debt Coverage: 3611 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3611 has no debt, therefore coverage of interest payments is not a concern.