New Hope LiuheLtd Balance Sheet Health
Financial Health criteria checks 1/6
New Hope LiuheLtd has a total shareholder equity of CN¥32.9B and total debt of CN¥62.5B, which brings its debt-to-equity ratio to 189.8%. Its total assets and total liabilities are CN¥126.8B and CN¥93.9B respectively.
Key information
189.8%
Debt to equity ratio
CN¥62.49b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥10.95b |
| Equity | CN¥32.93b |
| Total liabilities | CN¥93.86b |
| Total assets | CN¥126.79b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000876's short term assets (CN¥28.5B) do not cover its short term liabilities (CN¥53.7B).
Long Term Liabilities: 000876's short term assets (CN¥28.5B) do not cover its long term liabilities (CN¥40.1B).
Debt to Equity History and Analysis
Debt Level: 000876's net debt to equity ratio (156.5%) is considered high.
Reducing Debt: 000876's debt to equity ratio has increased from 41.7% to 189.8% over the past 5 years.
Debt Coverage: 000876's debt is well covered by operating cash flow (25.2%).
Interest Coverage: Insufficient data to determine if 000876's interest payments on its debt are well covered by EBIT.