Hongta Securities Balance Sheet Health
Financial Health criteria checks 3/6
Hongta Securities has a total shareholder equity of CN¥23.6B and total debt of CN¥20.5B, which brings its debt-to-equity ratio to 86.8%. Its total assets and total liabilities are CN¥50.1B and CN¥26.5B respectively.
Key information
86.8%
Debt to equity ratio
CN¥20.50b
Debt
Interest coverage ratio | n/a |
Cash | CN¥21.12b |
Equity | CN¥23.63b |
Total liabilities | CN¥26.51b |
Total assets | CN¥50.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601236's short term assets (CN¥25.2B) exceed its short term liabilities (CN¥18.6B).
Long Term Liabilities: 601236's short term assets (CN¥25.2B) exceed its long term liabilities (CN¥7.9B).
Debt to Equity History and Analysis
Debt Level: 601236 has more cash than its total debt.
Reducing Debt: 601236's debt to equity ratio has increased from 67.2% to 86.8% over the past 5 years.
Debt Coverage: 601236's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: Insufficient data to determine if 601236's interest payments on its debt are well covered by EBIT.