Sany Heavy IndustryLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sany Heavy IndustryLtd has a total shareholder equity of CN¥70.7B and total debt of CN¥33.7B, which brings its debt-to-equity ratio to 47.7%. Its total assets and total liabilities are CN¥154.6B and CN¥83.9B respectively. Sany Heavy IndustryLtd's EBIT is CN¥5.7B making its interest coverage ratio 13.9. It has cash and short-term investments of CN¥31.2B.
Key information
47.7%
Debt to equity ratio
CN¥33.71b
Debt
Interest coverage ratio | 13.9x |
Cash | CN¥31.21b |
Equity | CN¥70.65b |
Total liabilities | CN¥83.92b |
Total assets | CN¥154.57b |
Recent financial health updates
Recent updates
Sany 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¥102.1B) exceed its short term liabilities (CN¥58.0B).
Long Term Liabilities: 600031's short term assets (CN¥102.1B) exceed its long term liabilities (CN¥25.9B).
Debt to Equity History and Analysis
Debt Level: 600031's net debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: 600031's debt to equity ratio has increased from 31.4% to 47.7% over the past 5 years.
Debt Coverage: 600031's debt is well covered by operating cash flow (34.6%).
Interest Coverage: 600031's interest payments on its debt are well covered by EBIT (13.9x coverage).