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¥11.6B and total debt of CN¥14.7B, which brings its debt-to-equity ratio to 126.7%. Its total assets and total liabilities are CN¥34.0B and CN¥22.3B respectively.
Key information
126.7%
Debt to equity ratio
CN¥14.74b
Debt
Interest coverage ratio | n/a |
Cash | CN¥3.51b |
Equity | CN¥11.63b |
Total liabilities | CN¥22.32b |
Total assets | CN¥33.95b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 601118's short term assets (CN¥12.9B) do not cover its short term liabilities (CN¥14.5B).
Long Term Liabilities: 601118's short term assets (CN¥12.9B) exceed its long term liabilities (CN¥7.9B).
Debt to Equity History and Analysis
Debt Level: 601118's net debt to equity ratio (96.6%) is considered high.
Reducing Debt: 601118's debt to equity ratio has increased from 36.6% to 126.7% over the past 5 years.
Debt Coverage: 601118's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: Insufficient data to determine if 601118's interest payments on its debt are well covered by EBIT.