Hunan Oil Pump Balance Sheet Health
Financial Health criteria checks 6/6
Hunan Oil Pump has a total shareholder equity of CN¥1.9B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 64.2%. Its total assets and total liabilities are CN¥3.7B and CN¥1.8B respectively. Hunan Oil Pump's EBIT is CN¥234.6M making its interest coverage ratio 8.3. It has cash and short-term investments of CN¥769.8M.
Key information
64.2%
Debt to equity ratio
CN¥1.23b
Debt
| Interest coverage ratio | 8.3x |
| Cash | CN¥769.77m |
| Equity | CN¥1.91b |
| Total liabilities | CN¥1.82b |
| Total assets | CN¥3.74b |
Recent financial health updates
No updates
Recent updates
The Market Lifts Hunan Oil Pump Co., Ltd. (SHSE:603319) Shares 41% But It Can Do More
Nov 15
Hunan Oil Pump's (SHSE:603319) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 05Is Now The Time To Put Hunan Oil Pump (SHSE:603319) On Your Watchlist?
Oct 18Improved Earnings Required Before Hunan Oil Pump Co., Ltd. (SHSE:603319) Shares Find Their Feet
Oct 01Investors Still Aren't Entirely Convinced By Hunan Oil Pump Co., Ltd.'s (SHSE:603319) Earnings Despite 29% Price Jump
Mar 07Financial Position Analysis
Short Term Liabilities: 603319's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥883.1M).
Long Term Liabilities: 603319's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥940.1M).
Debt to Equity History and Analysis
Debt Level: 603319's net debt to equity ratio (23.9%) is considered satisfactory.
Reducing Debt: 603319's debt to equity ratio has reduced from 69.9% to 64.2% over the past 5 years.
Debt Coverage: 603319's debt is well covered by operating cash flow (20.3%).
Interest Coverage: 603319's interest payments on its debt are well covered by EBIT (8.3x coverage).