China Haisum Engineering Balance Sheet Health
Financial Health criteria checks 6/6
China Haisum Engineering has a total shareholder equity of CN¥2.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥6.1B and CN¥3.7B respectively. China Haisum Engineering's EBIT is CN¥283.5M making its interest coverage ratio -5.3. It has cash and short-term investments of CN¥3.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -5.3x |
| Cash | CN¥3.07b |
| Equity | CN¥2.41b |
| Total liabilities | CN¥3.68b |
| Total assets | CN¥6.08b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002116's short term assets (CN¥5.5B) exceed its short term liabilities (CN¥3.6B).
Long Term Liabilities: 002116's short term assets (CN¥5.5B) exceed its long term liabilities (CN¥33.8M).
Debt to Equity History and Analysis
Debt Level: 002116 is debt free.
Reducing Debt: 002116 had no debt 5 years ago.
Debt Coverage: 002116 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002116 has no debt, therefore coverage of interest payments is not a concern.