Haibo Heavy Engineering Science and Technology Balance Sheet Health
Financial Health criteria checks 5/6
Haibo Heavy Engineering Science and Technology has a total shareholder equity of CN¥1.1B and total debt of CN¥165.6M, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are CN¥1.5B and CN¥460.3M respectively. Haibo Heavy Engineering Science and Technology's EBIT is CN¥30.9M making its interest coverage ratio 5. It has cash and short-term investments of CN¥191.5M.
Key information
15.6%
Debt to equity ratio
CN¥165.65m
Debt
| Interest coverage ratio | 5x |
| Cash | CN¥191.48m |
| Equity | CN¥1.06b |
| Total liabilities | CN¥460.28m |
| Total assets | CN¥1.52b |
Recent financial health updates
No updates
Recent updates
Haibo Heavy Engineering Science and Technology Co., Ltd.'s (SZSE:300517) 28% Price Boost Is Out Of Tune With Revenues
Jul 24
Haibo Heavy Engineering Science and Technology (SZSE:300517) Might Be Having Difficulty Using Its Capital Effectively
Jul 22Haibo Heavy Engineering Science and Technology Co., Ltd. (SZSE:300517) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected
May 21Some Investors May Be Willing To Look Past Haibo Heavy Engineering Science and Technology's (SZSE:300517) Soft Earnings
May 02Financial Position Analysis
Short Term Liabilities: 300517's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥313.2M).
Long Term Liabilities: 300517's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥147.1M).
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 0% to 15.6% over the past 5 years.
Debt Coverage: 300517's debt is well covered by operating cash flow (56.1%).
Interest Coverage: 300517's interest payments on its debt are well covered by EBIT (5x coverage).