Hailir Pesticides and Chemicals GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hailir Pesticides and Chemicals GroupLtd has a total shareholder equity of CN¥3.6B and total debt of CN¥672.5M, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are CN¥6.5B and CN¥2.9B respectively. Hailir Pesticides and Chemicals GroupLtd's EBIT is CN¥395.3M making its interest coverage ratio 94.3. It has cash and short-term investments of CN¥853.1M.
Key information
18.8%
Debt to equity ratio
CN¥672.54m
Debt
| Interest coverage ratio | 94.3x |
| Cash | CN¥853.13m |
| Equity | CN¥3.58b |
| Total liabilities | CN¥2.90b |
| Total assets | CN¥6.48b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603639's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 603639's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥402.0M).
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 increased from 6% to 18.8% over the past 5 years.
Debt Coverage: 603639's debt is well covered by operating cash flow (86.6%).
Interest Coverage: 603639's interest payments on its debt are well covered by EBIT (94.3x coverage).