Shanghai Hanbell Precise Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Hanbell Precise Machinery has a total shareholder equity of CN¥3.2B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are CN¥5.9B and CN¥2.6B respectively. Shanghai Hanbell Precise Machinery's EBIT is CN¥1.0B making its interest coverage ratio -79.8. It has cash and short-term investments of CN¥2.2B.
Key information
33.7%
Debt to equity ratio
CN¥1.09b
Debt
Interest coverage ratio | -79.8x |
Cash | CN¥2.16b |
Equity | CN¥3.23b |
Total liabilities | CN¥2.63b |
Total assets | CN¥5.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002158's short term assets (CN¥4.3B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 002158's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥336.8M).
Debt to Equity History and Analysis
Debt Level: 002158 has more cash than its total debt.
Reducing Debt: 002158's debt to equity ratio has reduced from 41% to 33.7% over the past 5 years.
Debt Coverage: 002158's debt is well covered by operating cash flow (55.7%).
Interest Coverage: 002158 earns more interest than it pays, so coverage of interest payments is not a concern.