Hengtong Logistics Balance Sheet Health
Financial Health criteria checks 5/6
Hengtong Logistics has a total shareholder equity of CN¥3.8B and total debt of CN¥883.4M, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are CN¥5.3B and CN¥1.5B respectively. Hengtong Logistics's EBIT is CN¥115.6M making its interest coverage ratio -5.5. It has cash and short-term investments of CN¥1.9B.
Key information
23.3%
Debt to equity ratio
CN¥883.43m
Debt
| Interest coverage ratio | -5.5x |
| Cash | CN¥1.93b |
| Equity | CN¥3.79b |
| Total liabilities | CN¥1.47b |
| Total assets | CN¥5.26b |
Recent financial health updates
No updates
Recent updates
Some Shareholders Feeling Restless Over Hengtong Logistics Co., Ltd.'s (SHSE:603223) P/E Ratio
Jul 16
The Return Trends At Hengtong Logistics (SHSE:603223) Look Promising
Jun 26Hengtong Logistics' (SHSE:603223) Profits Appear To Have Quality Issues
Apr 24Hengtong Logistics (SHSE:603223) Will Be Hoping To Turn Its Returns On Capital Around
Mar 28Financial Position Analysis
Short Term Liabilities: 603223's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥765.8M).
Long Term Liabilities: 603223's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥700.7M).
Debt to Equity History and Analysis
Debt Level: 603223 has more cash than its total debt.
Reducing Debt: 603223's debt to equity ratio has increased from 16.3% to 23.3% over the past 5 years.
Debt Coverage: 603223's debt is well covered by operating cash flow (26.4%).
Interest Coverage: 603223 earns more interest than it pays, so coverage of interest payments is not a concern.