Highest Performances Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Highest Performances Holdings has a total shareholder equity of CN¥2.6B and total debt of CN¥98.4M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are CN¥4.3B and CN¥1.7B respectively. Highest Performances Holdings's EBIT is CN¥314.6M making its interest coverage ratio -8.1. It has cash and short-term investments of CN¥893.4M.
Key information
3.8%
Debt to equity ratio
CN¥98.38m
Debt
| Interest coverage ratio | -8.1x |
| Cash | CN¥893.39m |
| Equity | CN¥2.59b |
| Total liabilities | CN¥1.68b |
| Total assets | CN¥4.28b |
Recent financial health updates
Recent updates
Subdued Growth No Barrier To Puyi Inc. (NASDAQ:PUYI) With Shares Advancing 55%
Dec 28
Subdued Growth No Barrier To Puyi Inc.'s (NASDAQ:PUYI) Price
Jun 06Puyi appoints new Co-Chairman of the Board
Oct 19Puyi GAAP EPS of -$0.10, revenue of $28.18M
Oct 11Puyi has a new chairman of the Board
Sep 19Puyi (NASDAQ:PUYI) Shareholders Booked A 15% Gain In The Last Year
Mar 18Here's What Puyi Inc.'s (NASDAQ:PUYI) Shareholder Ownership Structure Looks Like
Jan 15
Financial Position Analysis
Short Term Liabilities: HPH's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥851.0M).
Long Term Liabilities: HPH's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥833.0M).
Debt to Equity History and Analysis
Debt Level: HPH has more cash than its total debt.
Reducing Debt: HPH's debt to equity ratio has increased from 0% to 3.8% 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: Whilst unprofitable HPH has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HPH is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 32.1% per year.