Huangshan Tourism DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 5/6
Huangshan Tourism DevelopmentLtd has a total shareholder equity of CN¥4.7B and total debt of CN¥180.0M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are CN¥5.7B and CN¥941.3M respectively. Huangshan Tourism DevelopmentLtd's EBIT is CN¥583.4M making its interest coverage ratio -62.9. It has cash and short-term investments of CN¥1.8B.
Key information
3.8%
Debt to equity ratio
CN¥180.04m
Debt
| Interest coverage ratio | -62.9x |
| Cash | CN¥1.78b |
| Equity | CN¥4.71b |
| Total liabilities | CN¥941.33m |
| Total assets | CN¥5.65b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600054's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥589.6M).
Long Term Liabilities: 600054's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥351.8M).
Debt to Equity History and Analysis
Debt Level: 600054 has more cash than its total debt.
Reducing Debt: 600054's debt to equity ratio has increased from 0.06% to 3.8% over the past 5 years.
Debt Coverage: 600054's debt is well covered by operating cash flow (315.2%).
Interest Coverage: 600054 earns more interest than it pays, so coverage of interest payments is not a concern.