Hubei Donper Electromechanical Group Balance Sheet Health
Financial Health criteria checks 6/6
Hubei Donper Electromechanical Group has a total shareholder equity of CN¥2.5B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 41.7%. Its total assets and total liabilities are CN¥6.6B and CN¥4.1B respectively. Hubei Donper Electromechanical Group's EBIT is CN¥147.4M making its interest coverage ratio 10.4. It has cash and short-term investments of CN¥899.0M.
Key information
41.7%
Debt to equity ratio
CN¥1.04b
Debt
| Interest coverage ratio | 10.4x |
| Cash | CN¥899.05m |
| Equity | CN¥2.50b |
| Total liabilities | CN¥4.12b |
| Total assets | CN¥6.63b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 601956's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥3.8B).
Long Term Liabilities: 601956's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥330.5M).
Debt to Equity History and Analysis
Debt Level: 601956's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: 601956's debt to equity ratio has reduced from 73.9% to 41.7% over the past 5 years.
Debt Coverage: 601956's debt is well covered by operating cash flow (30.5%).
Interest Coverage: 601956's interest payments on its debt are well covered by EBIT (10.4x coverage).