Hebei Sailhero Environmental Protection High-techLtd Balance Sheet Health
Financial Health criteria checks 6/6
Hebei Sailhero Environmental Protection High-techLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥2.5M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥2.2B and CN¥395.9M respectively. Hebei Sailhero Environmental Protection High-techLtd's EBIT is CN¥45.5M making its interest coverage ratio -19.6. It has cash and short-term investments of CN¥503.5M.
Key information
0.1%
Debt to equity ratio
CN¥2.49m
Debt
| Interest coverage ratio | -19.6x |
| Cash | CN¥503.55m |
| Equity | CN¥1.80b |
| Total liabilities | CN¥395.94m |
| Total assets | CN¥2.20b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300137's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥385.6M).
Long Term Liabilities: 300137's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥10.3M).
Debt to Equity History and Analysis
Debt Level: 300137 has more cash than its total debt.
Reducing Debt: 300137's debt to equity ratio has reduced from 7.6% to 0.1% over the past 5 years.
Debt Coverage: 300137's debt is well covered by operating cash flow (1453.7%).
Interest Coverage: 300137 earns more interest than it pays, so coverage of interest payments is not a concern.