Shandong Hiking InternationalLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shandong Hiking InternationalLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥190.6M, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are CN¥2.3B and CN¥772.9M respectively. Shandong Hiking InternationalLtd's EBIT is CN¥171.9M making its interest coverage ratio 16.8. It has cash and short-term investments of CN¥676.2M.
Key information
12.6%
Debt to equity ratio
CN¥190.59m
Debt
| Interest coverage ratio | 16.8x |
| Cash | CN¥676.22m |
| Equity | CN¥1.51b |
| Total liabilities | CN¥772.94m |
| Total assets | CN¥2.28b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600735's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥729.6M).
Long Term Liabilities: 600735's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥43.4M).
Debt to Equity History and Analysis
Debt Level: 600735 has more cash than its total debt.
Reducing Debt: 600735's debt to equity ratio has increased from 2.1% to 12.6% over the past 5 years.
Debt Coverage: 600735's debt is well covered by operating cash flow (101.2%).
Interest Coverage: 600735's interest payments on its debt are well covered by EBIT (16.8x coverage).