Sany Heavy IndustryLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sany Heavy IndustryLtd has a total shareholder equity of CN¥72.2B and total debt of CN¥27.1B, which brings its debt-to-equity ratio to 37.6%. Its total assets and total liabilities are CN¥149.9B and CN¥77.7B respectively. Sany Heavy IndustryLtd's EBIT is CN¥5.6B making its interest coverage ratio -10.8. It has cash and short-term investments of CN¥27.6B.
Key information
37.6%
Debt to equity ratio
CN¥27.12b
Debt
| Interest coverage ratio | -10.8x |
| Cash | CN¥27.57b |
| Equity | CN¥72.15b |
| Total liabilities | CN¥77.75b |
| Total assets | CN¥149.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600031's short term assets (CN¥98.4B) exceed its short term liabilities (CN¥58.2B).
Long Term Liabilities: 600031's short term assets (CN¥98.4B) exceed its long term liabilities (CN¥19.5B).
Debt to Equity History and Analysis
Debt Level: 600031 has more cash than its total debt.
Reducing Debt: 600031's debt to equity ratio has increased from 34.3% to 37.6% over the past 5 years.
Debt Coverage: 600031's debt is well covered by operating cash flow (48.5%).
Interest Coverage: 600031 earns more interest than it pays, so coverage of interest payments is not a concern.