Hengbo HoldingsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Hengbo HoldingsLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥50.0M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are CN¥1.8B and CN¥367.8M respectively. Hengbo HoldingsLtd's EBIT is CN¥121.2M making its interest coverage ratio -46.8. It has cash and short-term investments of CN¥836.9M.
Key information
3.5%
Debt to equity ratio
CN¥49.96m
Debt
Interest coverage ratio | -46.8x |
Cash | CN¥836.90m |
Equity | CN¥1.41b |
Total liabilities | CN¥367.82m |
Total assets | CN¥1.78b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301225's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥362.7M).
Long Term Liabilities: 301225's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥5.1M).
Debt to Equity History and Analysis
Debt Level: 301225 has more cash than its total debt.
Reducing Debt: 301225's debt to equity ratio has reduced from 108.8% to 3.5% over the past 5 years.
Debt Coverage: 301225's debt is well covered by operating cash flow (270.5%).
Interest Coverage: 301225 earns more interest than it pays, so coverage of interest payments is not a concern.