Hisense Home Appliances Group Balance Sheet Health
Financial Health criteria checks 5/6
Hisense Home Appliances Group has a total shareholder equity of CN¥19.0B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are CN¥70.7B and CN¥51.7B respectively. Hisense Home Appliances Group's EBIT is CN¥4.5B making its interest coverage ratio -6.9. It has cash and short-term investments of CN¥22.1B.
Key information
12.4%
Debt to equity ratio
CN¥2.36b
Debt
| Interest coverage ratio | -6.9x |
| Cash | CN¥22.10b |
| Equity | CN¥19.01b |
| Total liabilities | CN¥51.71b |
| Total assets | CN¥70.72b |
Recent financial health updates
Recent updates
Hisense Home Appliances Group Co., Ltd.'s (SZSE:000921) Price Is Right But Growth Is Lacking After Shares Rocket 29%
Sep 26
A 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¥49.9B) exceed its short term liabilities (CN¥49.3B).
Long Term Liabilities: 000921's short term assets (CN¥49.9B) exceed its long term liabilities (CN¥2.4B).
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 12.4% over the past 5 years.
Debt Coverage: 000921's debt is well covered by operating cash flow (376.4%).
Interest Coverage: 000921 earns more interest than it pays, so coverage of interest payments is not a concern.