HY Energy GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
HY Energy GroupLtd has a total shareholder equity of CN¥3.1B and total debt of CN¥449.9M, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are CN¥4.2B and CN¥1.1B respectively.
Key information
14.6%
Debt to equity ratio
CN¥449.94m
Debt
Interest coverage ratio | n/a |
Cash | CN¥486.52m |
Equity | CN¥3.08b |
Total liabilities | CN¥1.13b |
Total assets | CN¥4.21b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600387's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥990.0M).
Long Term Liabilities: 600387's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥139.1M).
Debt to Equity History and Analysis
Debt Level: 600387 has more cash than its total debt.
Reducing Debt: 600387's debt to equity ratio has reduced from 146.5% to 14.6% over the past 5 years.
Debt Coverage: 600387's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600387's interest payments on its debt are well covered by EBIT.