Shanghai Hanbell Precise Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Hanbell Precise Machinery has a total shareholder equity of CN¥3.9B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 27.9%. Its total assets and total liabilities are CN¥6.6B and CN¥2.8B respectively. Shanghai Hanbell Precise Machinery's EBIT is CN¥1.0B making its interest coverage ratio -19.9. It has cash and short-term investments of CN¥2.3B.
Key information
27.9%
Debt to equity ratio
CN¥1.07b
Debt
Interest coverage ratio | -19.9x |
Cash | CN¥2.27b |
Equity | CN¥3.85b |
Total liabilities | CN¥2.76b |
Total assets | CN¥6.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002158's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 002158's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥230.7M).
Debt to Equity History and Analysis
Debt Level: 002158 has more cash than its total debt.
Reducing Debt: 002158's debt to equity ratio has reduced from 33.8% to 27.9% over the past 5 years.
Debt Coverage: 002158's debt is well covered by operating cash flow (73.5%).
Interest Coverage: 002158 earns more interest than it pays, so coverage of interest payments is not a concern.