Haoxi Health Technology Balance Sheet Health
Financial Health criteria checks 4/6
Haoxi Health Technology has a total shareholder equity of $1.6M and total debt of $860.0K, which brings its debt-to-equity ratio to 54.9%. Its total assets and total liabilities are $4.5M and $2.9M respectively. Haoxi Health Technology's EBIT is $1.2M making its interest coverage ratio 60.5. It has cash and short-term investments of $1.3M.
Key information
54.9%
Debt to equity ratio
US$859.96k
Debt
Interest coverage ratio | 60.5x |
Cash | US$1.26m |
Equity | US$1.57m |
Total liabilities | US$2.90m |
Total assets | US$4.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HAO's short term assets ($3.7M) exceed its short term liabilities ($2.6M).
Long Term Liabilities: HAO's short term assets ($3.7M) exceed its long term liabilities ($321.2K).
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's interest payments on its debt are well covered by EBIT (60.5x coverage).