Himile Mechanical Science and Technology (Shandong) Balance Sheet Health
Financial Health criteria checks 6/6
Himile Mechanical Science and Technology (Shandong) has a total shareholder equity of CN¥9.6B and total debt of CN¥111.6M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are CN¥11.3B and CN¥1.7B respectively. Himile Mechanical Science and Technology (Shandong)'s EBIT is CN¥2.0B making its interest coverage ratio -44.4. It has cash and short-term investments of CN¥1.8B.
Key information
1.2%
Debt to equity ratio
CN¥111.58m
Debt
| Interest coverage ratio | -44.4x |
| Cash | CN¥1.81b |
| Equity | CN¥9.60b |
| Total liabilities | CN¥1.69b |
| Total assets | CN¥11.29b |
Recent financial health updates
Himile Mechanical Science and Technology (Shandong) (SZSE:002595) Has A Rock Solid Balance Sheet
Aug 15
Does Himile Mechanical Science and Technology (Shandong) (SZSE:002595) Have A Healthy Balance Sheet?
Apr 15Recent updates
Himile Mechanical Science and Technology (Shandong) Co., Ltd's (SZSE:002595) Intrinsic Value Is Potentially 64% Above Its Share Price
Oct 28Improved Earnings Required Before Himile Mechanical Science and Technology (Shandong) Co., Ltd (SZSE:002595) Shares Find Their Feet
Oct 14Is Now The Time To Put Himile Mechanical Science and Technology (Shandong) (SZSE:002595) On Your Watchlist?
Sep 16Himile Mechanical Science and Technology (Shandong) (SZSE:002595) Is Aiming To Keep Up Its Impressive Returns
Sep 02Himile Mechanical Science and Technology (Shandong) (SZSE:002595) Has A Rock Solid Balance Sheet
Aug 15Himile Mechanical Science and Technology (Shandong) (SZSE:002595) Is Increasing Its Dividend To CN¥0.625
Jul 05The Market Doesn't Like What It Sees From Himile Mechanical Science and Technology (Shandong) Co., Ltd's (SZSE:002595) Earnings Yet
Jul 04Is Himile Mechanical Science and Technology (Shandong) Co., Ltd (SZSE:002595) Worth CN¥37.7 Based On Its Intrinsic Value?
Jun 20Why You Should Care About Himile Mechanical Science and Technology (Shandong)'s (SZSE:002595) Strong Returns On Capital
Jun 03Does Himile Mechanical Science and Technology (Shandong) (SZSE:002595) Have A Healthy Balance Sheet?
Apr 15If EPS Growth Is Important To You, Himile Mechanical Science and Technology (Shandong) (SZSE:002595) Presents An Opportunity
Apr 01The Market Doesn't Like What It Sees From Himile Mechanical Science and Technology (Shandong) Co., Ltd's (SZSE:002595) Earnings Yet
Mar 15Financial Position Analysis
Short Term Liabilities: 002595's short term assets (CN¥8.2B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002595's short term assets (CN¥8.2B) exceed its long term liabilities (CN¥303.2M).
Debt to Equity History and Analysis
Debt Level: 002595 has more cash than its total debt.
Reducing Debt: 002595's debt to equity ratio has reduced from 20.8% to 1.2% over the past 5 years.
Debt Coverage: 002595's debt is well covered by operating cash flow (946%).
Interest Coverage: 002595 earns more interest than it pays, so coverage of interest payments is not a concern.