Hailir Pesticides and Chemicals GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Hailir Pesticides and Chemicals GroupLtd has a total shareholder equity of CN¥3.4B and total debt of CN¥857.4M, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are CN¥6.4B and CN¥3.1B respectively. Hailir Pesticides and Chemicals GroupLtd's EBIT is CN¥507.8M making its interest coverage ratio -42.3. It has cash and short-term investments of CN¥1.1B.
Key information
25.6%
Debt to equity ratio
CN¥857.41m
Debt
| Interest coverage ratio | -42.3x |
| Cash | CN¥1.10b |
| Equity | CN¥3.35b |
| Total liabilities | CN¥3.05b |
| Total assets | CN¥6.40b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603639's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 603639's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥341.5M).
Debt to Equity History and Analysis
Debt Level: 603639 has more cash than its total debt.
Reducing Debt: 603639's debt to equity ratio has reduced from 26.4% to 25.6% over the past 5 years.
Debt Coverage: 603639's debt is well covered by operating cash flow (113.2%).
Interest Coverage: 603639 earns more interest than it pays, so coverage of interest payments is not a concern.