China Hainan Rubber Industry GroupLtd Balance Sheet Health
Financial Health criteria checks 1/6
China Hainan Rubber Industry GroupLtd has a total shareholder equity of CN¥10.9B and total debt of CN¥15.8B, which brings its debt-to-equity ratio to 144.5%. Its total assets and total liabilities are CN¥36.2B and CN¥25.3B respectively.
Key information
144.5%
Debt to equity ratio
CN¥15.80b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥5.40b |
| Equity | CN¥10.93b |
| Total liabilities | CN¥25.30b |
| Total assets | CN¥36.23b |
Recent financial health updates
Recent updates
China Hainan Rubber Industry GroupLtd's (SHSE:601118) Earnings Are Of Questionable Quality
Nov 06
Market Cool On China Hainan Rubber Industry Group Co.,Ltd.'s (SHSE:601118) Revenues
Oct 04China Hainan Rubber Industry Group Co.,Ltd.'s (SHSE:601118) Shares Lagging The Industry But So Is The Business
Jun 10China Hainan Rubber Industry GroupLtd's (SHSE:601118) Performance Is Even Better Than Its Earnings Suggest
May 06Is China Hainan Rubber Industry Group (SHSE:601118) Using Debt Sensibly?
Mar 02Financial Position Analysis
Short Term Liabilities: 601118's short term assets (CN¥15.1B) do not cover its short term liabilities (CN¥15.2B).
Long Term Liabilities: 601118's short term assets (CN¥15.1B) exceed its long term liabilities (CN¥10.1B).
Debt to Equity History and Analysis
Debt Level: 601118's net debt to equity ratio (95.1%) is considered high.
Reducing Debt: 601118's debt to equity ratio has increased from 38.5% to 144.5% over the past 5 years.
Debt Coverage: 601118's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: Insufficient data to determine if 601118's interest payments on its debt are well covered by EBIT.