Shanghai Hanbell Precise Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Hanbell Precise Machinery has a total shareholder equity of CN¥4.1B and total debt of CN¥640.3M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are CN¥6.0B and CN¥1.9B respectively. Shanghai Hanbell Precise Machinery's EBIT is CN¥977.9M making its interest coverage ratio -16.4. It has cash and short-term investments of CN¥1.9B.
Key information
15.7%
Debt to equity ratio
CN¥640.34m
Debt
| Interest coverage ratio | -16.4x |
| Cash | CN¥1.94b |
| Equity | CN¥4.09b |
| Total liabilities | CN¥1.92b |
| Total assets | CN¥6.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002158's short term assets (CN¥4.1B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 002158's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥157.2M).
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 36% to 15.7% over the past 5 years.
Debt Coverage: 002158's debt is well covered by operating cash flow (117.2%).
Interest Coverage: 002158 earns more interest than it pays, so coverage of interest payments is not a concern.