Haier Smart Home Balance Sheet Health
Financial Health criteria checks 6/6
Haier Smart Home has a total shareholder equity of CN¥112.2B and total debt of CN¥28.8B, which brings its debt-to-equity ratio to 25.7%. Its total assets and total liabilities are CN¥256.1B and CN¥144.0B respectively. Haier Smart Home's EBIT is CN¥19.7B making its interest coverage ratio -16.6. It has cash and short-term investments of CN¥48.2B.
Key information
25.7%
Debt to equity ratio
CN¥28.79b
Debt
| Interest coverage ratio | -16.6x |
| Cash | CN¥48.18b |
| Equity | CN¥112.16b |
| Total liabilities | CN¥143.97b |
| Total assets | CN¥256.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HSHC.Y's short term assets (CN¥128.1B) exceed its short term liabilities (CN¥116.1B).
Long Term Liabilities: HSHC.Y's short term assets (CN¥128.1B) exceed its long term liabilities (CN¥27.9B).
Debt to Equity History and Analysis
Debt Level: HSHC.Y has more cash than its total debt.
Reducing Debt: HSHC.Y's debt to equity ratio has reduced from 66.7% to 25.7% over the past 5 years.
Debt Coverage: HSHC.Y's debt is well covered by operating cash flow (90.1%).
Interest Coverage: HSHC.Y earns more interest than it pays, so coverage of interest payments is not a concern.