HUNAN RESUN Balance Sheet Health
Financial Health criteria checks 6/6
HUNAN RESUN has a total shareholder equity of CN¥2.2B and total debt of CN¥756.2K, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are CN¥2.7B and CN¥539.2M respectively. HUNAN RESUN's EBIT is CN¥102.6M making its interest coverage ratio -4.4. It has cash and short-term investments of CN¥739.0M.
Key information
0.03%
Debt to equity ratio
CN¥756.25k
Debt
Interest coverage ratio | -4.4x |
Cash | CN¥739.00m |
Equity | CN¥2.18b |
Total liabilities | CN¥539.23m |
Total assets | CN¥2.72b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 001218's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥458.8M).
Long Term Liabilities: 001218's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥80.4M).
Debt to Equity History and Analysis
Debt Level: 001218 has more cash than its total debt.
Reducing Debt: 001218's debt to equity ratio has reduced from 88.6% to 0.03% over the past 5 years.
Debt Coverage: 001218's debt is well covered by operating cash flow (13818.4%).
Interest Coverage: 001218 earns more interest than it pays, so coverage of interest payments is not a concern.