Huangshan Tourism DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 5/6
Huangshan Tourism DevelopmentLtd has a total shareholder equity of CN¥4.8B and total debt of CN¥81.1M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are CN¥5.7B and CN¥868.3M respectively. Huangshan Tourism DevelopmentLtd's EBIT is CN¥502.2M making its interest coverage ratio -69.6. It has cash and short-term investments of CN¥1.8B.
Key information
1.7%
Debt to equity ratio
CN¥81.08m
Debt
| Interest coverage ratio | -69.6x |
| Cash | CN¥1.76b |
| Equity | CN¥4.84b |
| Total liabilities | CN¥868.28m |
| Total assets | CN¥5.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 900942's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥514.2M).
Long Term Liabilities: 900942's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥354.1M).
Debt to Equity History and Analysis
Debt Level: 900942 has more cash than its total debt.
Reducing Debt: 900942's debt to equity ratio has increased from 0.06% to 1.7% over the past 5 years.
Debt Coverage: 900942's debt is well covered by operating cash flow (572%).
Interest Coverage: 900942 earns more interest than it pays, so coverage of interest payments is not a concern.