Huali Industrial Group Balance Sheet Health
Financial Health criteria checks 6/6
Huali Industrial Group has a total shareholder equity of CN¥16.4B and total debt of CN¥528.8M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are CN¥21.8B and CN¥5.4B respectively. Huali Industrial Group's EBIT is CN¥4.7B making its interest coverage ratio -35.8. It has cash and short-term investments of CN¥7.7B.
Key information
3.2%
Debt to equity ratio
CN¥528.84m
Debt
| Interest coverage ratio | -35.8x |
| Cash | CN¥7.73b |
| Equity | CN¥16.38b |
| Total liabilities | CN¥5.40b |
| Total assets | CN¥21.78b |
Recent financial health updates
Does Huali Industrial Group (SZSE:300979) Have A Healthy Balance Sheet?
Sep 18
Huali Industrial Group (SZSE:300979) Has A Pretty Healthy Balance Sheet
Jun 13Huali Industrial Group (SZSE:300979) Seems To Use Debt Quite Sensibly
Feb 29Recent updates
Calculating The Fair Value Of Huali Industrial Group Company Limited (SZSE:300979)
Oct 09Does Huali Industrial Group (SZSE:300979) Have A Healthy Balance Sheet?
Sep 18Analysts Have Made A Financial Statement On Huali Industrial Group Company Limited's (SZSE:300979) Half-Yearly Report
Aug 26Analysts Are Updating Their Huali Industrial Group Company Limited (SZSE:300979) Estimates After Its Half-Yearly Results
Aug 07A Look At The Fair Value Of Huali Industrial Group Company Limited (SZSE:300979)
Jul 05Huali Industrial Group (SZSE:300979) Has A Pretty Healthy Balance Sheet
Jun 13Huali Industrial Group (SZSE:300979) Will Pay A Dividend Of CN¥1.20
May 23When Should You Buy Huali Industrial Group Company Limited (SZSE:300979)?
May 21Analysts Have Made A Financial Statement On Huali Industrial Group Company Limited's (SZSE:300979) First-Quarter Report
Apr 28Huali Industrial Group (SZSE:300979) Seems To Use Debt Quite Sensibly
Feb 29Financial Position Analysis
Short Term Liabilities: 300979's short term assets (CN¥14.9B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: 300979's short term assets (CN¥14.9B) exceed its long term liabilities (CN¥598.3M).
Debt to Equity History and Analysis
Debt Level: 300979 has more cash than its total debt.
Reducing Debt: 300979's debt to equity ratio has reduced from 34.6% to 3.2% over the past 5 years.
Debt Coverage: 300979's debt is well covered by operating cash flow (891.4%).
Interest Coverage: 300979 earns more interest than it pays, so coverage of interest payments is not a concern.