Hunan Valin Wire & CableLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hunan Valin Wire & CableLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥876.8M, which brings its debt-to-equity ratio to 54.8%. Its total assets and total liabilities are CN¥5.0B and CN¥3.4B respectively. Hunan Valin Wire & CableLtd's EBIT is CN¥113.8M making its interest coverage ratio -62.2. It has cash and short-term investments of CN¥674.1M.
Key information
54.8%
Debt to equity ratio
CN¥876.84m
Debt
| Interest coverage ratio | -62.2x |
| Cash | CN¥674.06m |
| Equity | CN¥1.60b |
| Total liabilities | CN¥3.35b |
| Total assets | CN¥4.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 001208's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 001208's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥357.8M).
Debt to Equity History and Analysis
Debt Level: 001208's net debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: 001208's debt to equity ratio has increased from 52% to 54.8% over the past 5 years.
Debt Coverage: 001208's debt is well covered by operating cash flow (55.2%).
Interest Coverage: 001208 earns more interest than it pays, so coverage of interest payments is not a concern.