Haoxi Health Technology Balance Sheet Health
Financial Health criteria checks 4/6
Haoxi Health Technology has a total shareholder equity of $11.3M and total debt of $1.2M, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are $15.5M and $4.2M respectively. Haoxi Health Technology's EBIT is $1.7M making its interest coverage ratio -49.2. It has cash and short-term investments of $6.7M.
Key information
10.7%
Debt to equity ratio
US$1.20m
Debt
| Interest coverage ratio | -49.2x |
| Cash | US$6.66m |
| Equity | US$11.27m |
| Total liabilities | US$4.23m |
| Total assets | US$15.51m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: HAO's short term assets ($15.4M) exceed its short term liabilities ($3.9M).
Long Term Liabilities: HAO's short term assets ($15.4M) exceed its long term liabilities ($368.0K).
Debt to Equity History and Analysis
Debt Level: HAO has more cash than its total debt.
Reducing Debt: Insufficient data to determine if HAO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HAO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HAO earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 11:16 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Haoxi Health Technology Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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