Sany Heavy IndustryLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sany Heavy IndustryLtd has a total shareholder equity of CN¥72.2B and total debt of CN¥27.1B, which brings its debt-to-equity ratio to 37.6%. Its total assets and total liabilities are CN¥149.9B and CN¥77.7B respectively. Sany Heavy IndustryLtd's EBIT is CN¥5.6B making its interest coverage ratio -10.8. It has cash and short-term investments of CN¥27.6B.
Key information
37.6%
Debt to equity ratio
CN¥27.12b
Debt
| Interest coverage ratio | -10.8x |
| Cash | CN¥27.57b |
| Equity | CN¥72.15b |
| Total liabilities | CN¥77.75b |
| Total assets | CN¥149.90b |
Recent financial health updates
Sany Heavy IndustryLtd (SHSE:600031) Has A Pretty Healthy Balance Sheet
Aug 16
Does Sany Heavy IndustryLtd (SHSE:600031) Have A Healthy Balance Sheet?
Feb 28Recent updates
Fewer Investors Than Expected Jumping On Sany Heavy Industry Co.,Ltd (SHSE:600031)
Nov 15Calculating The Intrinsic Value Of Sany Heavy Industry Co.,Ltd (SHSE:600031)
Oct 30Is Now An Opportune Moment To Examine Sany Heavy Industry Co.,Ltd (SHSE:600031)?
Oct 03We Think That There Are More Issues For Sany Heavy IndustryLtd (SHSE:600031) Than Just Sluggish Earnings
Sep 05Sany Heavy Industry Co.,Ltd Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Sep 03Sany Heavy IndustryLtd (SHSE:600031) Is Reinvesting At Lower Rates Of Return
Sep 01Sany Heavy IndustryLtd (SHSE:600031) Has A Pretty Healthy Balance Sheet
Aug 16Sany Heavy Industry Co.,Ltd's (SHSE:600031) P/E Still Appears To Be Reasonable
Jul 18Is It Too Late To Consider Buying Sany Heavy Industry Co.,Ltd (SHSE:600031)?
May 22Returns On Capital At Sany Heavy IndustryLtd (SHSE:600031) Paint A Concerning Picture
Mar 15Does Sany Heavy IndustryLtd (SHSE:600031) Have A Healthy Balance Sheet?
Feb 28Financial Position Analysis
Short Term Liabilities: 600031's short term assets (CN¥98.4B) exceed its short term liabilities (CN¥58.2B).
Long Term Liabilities: 600031's short term assets (CN¥98.4B) exceed its long term liabilities (CN¥19.5B).
Debt to Equity History and Analysis
Debt Level: 600031 has more cash than its total debt.
Reducing Debt: 600031's debt to equity ratio has increased from 34.3% to 37.6% over the past 5 years.
Debt Coverage: 600031's debt is well covered by operating cash flow (48.5%).
Interest Coverage: 600031 earns more interest than it pays, so coverage of interest payments is not a concern.