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¥556.1M, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are CN¥9.2B and CN¥4.9B respectively. Hsino Tower Group's EBIT is CN¥150.1M making its interest coverage ratio 26. It has cash and short-term investments of CN¥1.3B.
Key information
13.0%
Debt to equity ratio
CN¥556.10m
Debt
| Interest coverage ratio | 26x |
| Cash | CN¥1.30b |
| Equity | CN¥4.27b |
| Total liabilities | CN¥4.93b |
| Total assets | CN¥9.21b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 601096's short term assets (CN¥8.0B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: 601096's short term assets (CN¥8.0B) exceed its long term liabilities (CN¥134.2M).
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 (147.5%).
Interest Coverage: 601096's interest payments on its debt are well covered by EBIT (26x coverage).