Hebei Hengshui Laobaigan Liquor Balance Sheet Health
Financial Health criteria checks 6/6
Hebei Hengshui Laobaigan Liquor has a total shareholder equity of CN¥5.1B and total debt of CN¥1,000.0K, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are CN¥9.7B and CN¥4.7B respectively. Hebei Hengshui Laobaigan Liquor's EBIT is CN¥941.2M making its interest coverage ratio -21.9. It has cash and short-term investments of CN¥2.4B.
Key information
0.02%
Debt to equity ratio
CN¥1.00m
Debt
| Interest coverage ratio | -21.9x |
| Cash | CN¥2.42b |
| Equity | CN¥5.06b |
| Total liabilities | CN¥4.68b |
| Total assets | CN¥9.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600559's short term assets (CN¥6.2B) exceed its short term liabilities (CN¥4.5B).
Long Term Liabilities: 600559's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥150.9M).
Debt to Equity History and Analysis
Debt Level: 600559 has more cash than its total debt.
Reducing Debt: 600559's debt to equity ratio has reduced from 15.8% to 0.02% over the past 5 years.
Debt Coverage: 600559's debt is well covered by operating cash flow (60790.7%).
Interest Coverage: 600559 earns more interest than it pays, so coverage of interest payments is not a concern.