Haibo Heavy Engineering Science and Technology Balance Sheet Health
Financial Health criteria checks 4/6
Haibo Heavy Engineering Science and Technology has a total shareholder equity of CN¥1.1B and total debt of CN¥169.8M, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are CN¥1.7B and CN¥584.7M respectively. Haibo Heavy Engineering Science and Technology's EBIT is CN¥14.8M making its interest coverage ratio 2.2. It has cash and short-term investments of CN¥192.6M.
Key information
15.8%
Debt to equity ratio
CN¥169.83m
Debt
Interest coverage ratio | 2.2x |
Cash | CN¥192.55m |
Equity | CN¥1.07b |
Total liabilities | CN¥584.67m |
Total assets | CN¥1.66b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300517's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥440.8M).
Long Term Liabilities: 300517's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥143.9M).
Debt to Equity History and Analysis
Debt Level: 300517 has more cash than its total debt.
Reducing Debt: 300517's debt to equity ratio has increased from 5.9% to 15.8% over the past 5 years.
Debt Coverage: 300517's debt is well covered by operating cash flow (81.5%).
Interest Coverage: 300517's interest payments on its debt are not well covered by EBIT (2.2x coverage).