Jiangsu Hengli HydraulicLtd Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Hengli HydraulicLtd has a total shareholder equity of CN¥15.1B and total debt of CN¥199.6M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are CN¥18.6B and CN¥3.5B respectively. Jiangsu Hengli HydraulicLtd's EBIT is CN¥2.3B making its interest coverage ratio -7.8. It has cash and short-term investments of CN¥7.8B.
Key information
1.3%
Debt to equity ratio
CN¥199.60m
Debt
Interest coverage ratio | -7.8x |
Cash | CN¥7.81b |
Equity | CN¥15.07b |
Total liabilities | CN¥3.51b |
Total assets | CN¥18.58b |
Recent financial health updates
Is Jiangsu Hengli HydraulicLtd (SHSE:601100) A Risky Investment?
Jul 28We Think Jiangsu Hengli HydraulicLtd (SHSE:601100) Can Stay On Top Of Its Debt
Mar 29Recent updates
Investors Could Be Concerned With Jiangsu Hengli HydraulicLtd's (SHSE:601100) Returns On Capital
Aug 12Is Jiangsu Hengli HydraulicLtd (SHSE:601100) A Risky Investment?
Jul 28Insufficient Growth At Jiangsu Hengli Hydraulic Co.,Ltd (SHSE:601100) Hampers Share Price
Jul 12Calculating The Intrinsic Value Of Jiangsu Hengli Hydraulic Co.,Ltd (SHSE:601100)
Jun 05We Think That There Are Some Issues For Jiangsu Hengli HydraulicLtd (SHSE:601100) Beyond Its Promising Earnings
Apr 29We Think Jiangsu Hengli HydraulicLtd (SHSE:601100) Can Stay On Top Of Its Debt
Mar 29Jiangsu Hengli HydraulicLtd (SHSE:601100) Hasn't Managed To Accelerate Its Returns
Mar 13Jiangsu Hengli Hydraulic Co.,Ltd's (SHSE:601100) Shares May Have Run Too Fast Too Soon
Feb 27Financial Position Analysis
Short Term Liabilities: 601100's short term assets (CN¥13.2B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 601100's short term assets (CN¥13.2B) exceed its long term liabilities (CN¥346.8M).
Debt to Equity History and Analysis
Debt Level: 601100 has more cash than its total debt.
Reducing Debt: 601100's debt to equity ratio has reduced from 31.5% to 1.3% over the past 5 years.
Debt Coverage: 601100's debt is well covered by operating cash flow (1212.7%).
Interest Coverage: 601100 earns more interest than it pays, so coverage of interest payments is not a concern.