HY Energy GroupLtd Balance Sheet Health
Financial Health criteria checks 3/6
HY Energy GroupLtd has a total shareholder equity of CN¥3.1B and total debt of CN¥420.1M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are CN¥4.0B and CN¥907.8M respectively.
Key information
13.7%
Debt to equity ratio
CN¥420.10m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥406.85m |
| Equity | CN¥3.06b |
| Total liabilities | CN¥907.83m |
| Total assets | CN¥3.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600387's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥773.5M).
Long Term Liabilities: 600387's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥134.4M).
Debt to Equity History and Analysis
Debt Level: 600387's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: 600387's debt to equity ratio has increased from 9.6% to 13.7% 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.