Hisense Home Appliances Group Balance Sheet Health
Financial Health criteria checks 5/6
Hisense Home Appliances Group has a total shareholder equity of CN¥18.3B and total debt of CN¥3.0B, which brings its debt-to-equity ratio to 16.2%. Its total assets and total liabilities are CN¥68.6B and CN¥50.2B respectively. Hisense Home Appliances Group's EBIT is CN¥4.3B making its interest coverage ratio -5.7. It has cash and short-term investments of CN¥25.0B.
Key information
16.2%
Debt to equity ratio
CN¥2.96b
Debt
| Interest coverage ratio | -5.7x |
| Cash | CN¥24.99b |
| Equity | CN¥18.32b |
| Total liabilities | CN¥50.24b |
| Total assets | CN¥68.56b |
Recent financial health updates
Recent updates
Shareholders Would Enjoy A Repeat Of Hisense Home Appliances Group's (SZSE:000921) Recent Growth In Returns
Oct 10
Hisense Home Appliances Group Co., Ltd.'s (SZSE:000921) Price Is Right But Growth Is Lacking After Shares Rocket 29%
Sep 26A Look At The Fair Value Of Hisense Home Appliances Group Co., Ltd. (SZSE:000921)
Aug 14Here's Why We Think Hisense Home Appliances Group (SZSE:000921) Is Well Worth Watching
Jul 31Hisense Home Appliances Group Co., Ltd. (SZSE:000921) Not Doing Enough For Some Investors As Its Shares Slump 26%
Jul 03The Trend Of High Returns At Hisense Home Appliances Group (SZSE:000921) Has Us Very Interested
Jun 21Hisense Home Appliances Group's (SZSE:000921) Earnings May Just Be The Starting Point
May 01Hisense Home Appliances Group (SZSE:000921) Could Easily Take On More Debt
Apr 16Hisense Home Appliances Group Co., Ltd.'s (SZSE:000921) Prospects Need A Boost To Lift Shares
Mar 28Is Hisense Home Appliances Group Co., Ltd. (SZSE:000921) Trading At A 44% Discount?
Mar 01Financial Position Analysis
Short Term Liabilities: 000921's short term assets (CN¥49.2B) exceed its short term liabilities (CN¥47.8B).
Long Term Liabilities: 000921's short term assets (CN¥49.2B) exceed its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: 000921 has more cash than its total debt.
Reducing Debt: 000921's debt to equity ratio has increased from 0% to 16.2% over the past 5 years.
Debt Coverage: 000921's debt is well covered by operating cash flow (240.2%).
Interest Coverage: 000921 earns more interest than it pays, so coverage of interest payments is not a concern.