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¥10.1M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥1.7B and CN¥324.6M respectively. Hengbo HoldingsLtd's EBIT is CN¥115.9M making its interest coverage ratio -8.5. It has cash and short-term investments of CN¥661.1M.
Key information
0.7%
Debt to equity ratio
CN¥10.08m
Debt
| Interest coverage ratio | -8.5x |
| Cash | CN¥661.12m |
| Equity | CN¥1.42b |
| Total liabilities | CN¥324.57m |
| Total assets | CN¥1.75b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301225's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥317.9M).
Long Term Liabilities: 301225's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥6.6M).
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 88.9% to 0.7% over the past 5 years.
Debt Coverage: 301225's debt is well covered by operating cash flow (1279%).
Interest Coverage: 301225 earns more interest than it pays, so coverage of interest payments is not a concern.