Hainan Haide Capital Management Balance Sheet Health
Financial Health criteria checks 4/6
Hainan Haide Capital Management has a total shareholder equity of CN¥5.7B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 57.8%. Its total assets and total liabilities are CN¥9.6B and CN¥3.9B respectively. Hainan Haide Capital Management's EBIT is CN¥1.0B making its interest coverage ratio 5.3. It has cash and short-term investments of CN¥3.4B.
Key information
57.8%
Debt to equity ratio
CN¥3.31b
Debt
Interest coverage ratio | 5.3x |
Cash | CN¥3.37b |
Equity | CN¥5.73b |
Total liabilities | CN¥3.88b |
Total assets | CN¥9.60b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000567's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 000567's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥2.4B).
Debt to Equity History and Analysis
Debt Level: 000567 has more cash than its total debt.
Reducing Debt: 000567's debt to equity ratio has increased from 17.9% to 57.8% over the past 5 years.
Debt Coverage: 000567's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000567's interest payments on its debt are well covered by EBIT (5.3x coverage).