Huize Holding Balance Sheet Health
Financial Health criteria checks 5/6
Huize Holding has a total shareholder equity of CN¥410.4M and total debt of CN¥30.0M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are CN¥947.2M and CN¥536.8M respectively. Huize Holding's EBIT is CN¥51.0M making its interest coverage ratio -18.3. It has cash and short-term investments of CN¥258.1M.
Key information
7.3%
Debt to equity ratio
CN¥30.00m
Debt
| Interest coverage ratio | -18.3x |
| Cash | CN¥258.14m |
| Equity | CN¥410.42m |
| Total liabilities | CN¥536.83m |
| Total assets | CN¥947.25m |
Recent financial health updates
Recent updates
Market Cool On Huize Holding Limited's (NASDAQ:HUIZ) Revenues Pushing Shares 26% Lower
Feb 06
Potential Upside For Huize Holding Limited (NASDAQ:HUIZ) Not Without Risk
Jul 29Huize gets non-compliance notice from Nasdaq
Oct 14Huize Holding GAAP EPS of -$0.01, revenue of $37.06M
Sep 23Broker Revenue Forecasts For Huize Holding Limited (NASDAQ:HUIZ) Are Surging Higher
Dec 09Huize's Q3-21 Results, And Its Risks And Opportunities
Dec 03Huize Grows Top Line But With Higher Costs
Nov 24Huize: Fundamentals Remain Intact, Undervalued With The Recent Sell-Off
Sep 17Huize Vs. SelectQuote: Which Is A Better Investment
Aug 31Huize: The Dip Of The Decade
Aug 19Huize team up with Sunshine Insurance to launch Darwin Critical Care 2021
Jun 18Huize: A Home Run, If You're Patient
Jun 04What Type Of Shareholders Own The Most Number of Huize Holding Limited (NASDAQ:HUIZ) Shares?
Dec 08
Huize Holding reports Q3 results
Nov 19Financial Position Analysis
Short Term Liabilities: HUIZ's short term assets (CN¥606.7M) exceed its short term liabilities (CN¥395.3M).
Long Term Liabilities: HUIZ's short term assets (CN¥606.7M) exceed its long term liabilities (CN¥141.5M).
Debt to Equity History and Analysis
Debt Level: HUIZ has more cash than its total debt.
Reducing Debt: HUIZ's debt to equity ratio has reduced from 133.7% to 7.3% over the past 5 years.
Debt Coverage: HUIZ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HUIZ earns more interest than it pays, so coverage of interest payments is not a concern.