Hsino Tower Group Balance Sheet Health
Financial Health criteria checks 5/6
Hsino Tower Group has a total shareholder equity of CN¥4.3B and total debt of CN¥685.3M, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are CN¥9.5B and CN¥5.2B respectively. Hsino Tower Group's EBIT is CN¥254.1M making its interest coverage ratio 107. It has cash and short-term investments of CN¥1.7B.
Key information
15.8%
Debt to equity ratio
CN¥685.27m
Debt
| Interest coverage ratio | 107x |
| Cash | CN¥1.71b |
| Equity | CN¥4.35b |
| Total liabilities | CN¥5.19b |
| Total assets | CN¥9.53b |
Recent financial health updates
Hsino Tower Group (SHSE:601096) Could Easily Take On More Debt
Sep 30
Hsino Tower Group (SHSE:601096) Has A Pretty Healthy Balance Sheet
Jun 04Recent updates
Hsino Tower Group's (SHSE:601096) Solid Earnings Are Supported By Other Strong Factors
Nov 05Hsino Tower Group (SHSE:601096) Could Easily Take On More Debt
Sep 30Hsino Tower Group (SHSE:601096) Has A Pretty Healthy Balance Sheet
Jun 04Some Investors May Be Willing To Look Past Hsino Tower Group's (SHSE:601096) Soft Earnings
Apr 17Hsino Tower Group Co., Ltd.'s (SHSE:601096) Prospects Need A Boost To Lift Shares
Mar 26Financial Position Analysis
Short Term Liabilities: 601096's short term assets (CN¥8.3B) exceed its short term liabilities (CN¥5.2B).
Long Term Liabilities: 601096's short term assets (CN¥8.3B) exceed its long term liabilities (CN¥24.7M).
Debt to Equity History and Analysis
Debt Level: 601096 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 601096's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 601096's debt is well covered by operating cash flow (120.5%).
Interest Coverage: 601096's interest payments on its debt are well covered by EBIT (107x coverage).