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¥9.0B and total debt of CN¥65.7M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥10.5B and CN¥1.5B respectively. Himile Mechanical Science and Technology (Shandong)'s EBIT is CN¥1.8B making its interest coverage ratio -41.8. It has cash and short-term investments of CN¥1.8B.
Key information
0.7%
Debt to equity ratio
CN¥65.65m
Debt
| Interest coverage ratio | -41.8x |
| Cash | CN¥1.79b |
| Equity | CN¥9.00b |
| Total liabilities | CN¥1.50b |
| Total assets | CN¥10.50b |
Recent financial health updates
Recent updates
Himile Mechanical Science and Technology (Shandong) (SZSE:002595) Is Increasing Its Dividend To CN¥0.625
Jul 05
The 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¥7.5B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 002595's short term assets (CN¥7.5B) exceed its long term liabilities (CN¥235.8M).
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 16.6% to 0.7% over the past 5 years.
Debt Coverage: 002595's debt is well covered by operating cash flow (2435.6%).
Interest Coverage: 002595 earns more interest than it pays, so coverage of interest payments is not a concern.