Henglin Home FurnishingsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Henglin Home FurnishingsLtd has a total shareholder equity of CN¥3.8B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 72.1%. Its total assets and total liabilities are CN¥10.9B and CN¥7.2B respectively. Henglin Home FurnishingsLtd's EBIT is CN¥522.2M making its interest coverage ratio 4.7. It has cash and short-term investments of CN¥1.5B.
Key information
72.1%
Debt to equity ratio
CN¥2.72b
Debt
| Interest coverage ratio | 4.7x |
| Cash | CN¥1.46b |
| Equity | CN¥3.77b |
| Total liabilities | CN¥7.15b |
| Total assets | CN¥10.92b |
Recent financial health updates
Does Henglin Home FurnishingsLtd (SHSE:603661) Have A Healthy Balance Sheet?
Oct 15
These 4 Measures Indicate That Henglin Home FurnishingsLtd (SHSE:603661) Is Using Debt Reasonably Well
Feb 28Recent updates
Does Henglin Home FurnishingsLtd (SHSE:603661) Have A Healthy Balance Sheet?
Oct 15Henglin Home FurnishingsLtd (SHSE:603661) Might Have The Makings Of A Multi-Bagger
Jul 16There May Be Reason For Hope In Henglin Home FurnishingsLtd's (SHSE:603661) Disappointing Earnings
May 02Returns Are Gaining Momentum At Henglin Home FurnishingsLtd (SHSE:603661)
Apr 01These 4 Measures Indicate That Henglin Home FurnishingsLtd (SHSE:603661) Is Using Debt Reasonably Well
Feb 28Financial Position Analysis
Short Term Liabilities: 603661's short term assets (CN¥6.2B) exceed its short term liabilities (CN¥5.1B).
Long Term Liabilities: 603661's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 603661's net debt to equity ratio (33.2%) is considered satisfactory.
Reducing Debt: 603661's debt to equity ratio has increased from 15.4% to 72.1% over the past 5 years.
Debt Coverage: 603661's debt is well covered by operating cash flow (30.6%).
Interest Coverage: 603661's interest payments on its debt are well covered by EBIT (4.7x coverage).