Suzhou Hailu Heavy IndustryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Suzhou Hailu Heavy IndustryLtd has a total shareholder equity of CN¥3.8B and total debt of CN¥100.0K, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥6.3B and CN¥2.5B respectively. Suzhou Hailu Heavy IndustryLtd's EBIT is CN¥406.6M making its interest coverage ratio -60.7. It has cash and short-term investments of CN¥1.2B.
Key information
0.003%
Debt to equity ratio
CN¥100.00k
Debt
Interest coverage ratio | -60.7x |
Cash | CN¥1.17b |
Equity | CN¥3.79b |
Total liabilities | CN¥2.51b |
Total assets | CN¥6.30b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002255's short term assets (CN¥4.4B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 002255's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥171.2M).
Debt to Equity History and Analysis
Debt Level: 002255 has more cash than its total debt.
Reducing Debt: 002255's debt to equity ratio has reduced from 21.2% to 0% over the past 5 years.
Debt Coverage: 002255's debt is well covered by operating cash flow (400685%).
Interest Coverage: 002255 earns more interest than it pays, so coverage of interest payments is not a concern.