HBIS Balance Sheet Health
Financial Health criteria checks 1/6
HBIS has a total shareholder equity of CN¥67.2B and total debt of CN¥115.9B, which brings its debt-to-equity ratio to 172.5%. Its total assets and total liabilities are CN¥260.7B and CN¥193.5B respectively. HBIS's EBIT is CN¥6.2B making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥33.8B.
Key information
172.5%
Debt to equity ratio
CN¥115.88b
Debt
Interest coverage ratio | 1.6x |
Cash | CN¥33.76b |
Equity | CN¥67.17b |
Total liabilities | CN¥193.49b |
Total assets | CN¥260.67b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000709's short term assets (CN¥71.5B) do not cover its short term liabilities (CN¥144.7B).
Long Term Liabilities: 000709's short term assets (CN¥71.5B) exceed its long term liabilities (CN¥48.8B).
Debt to Equity History and Analysis
Debt Level: 000709's net debt to equity ratio (122.2%) is considered high.
Reducing Debt: 000709's debt to equity ratio has increased from 118.4% to 172.5% over the past 5 years.
Debt Coverage: 000709's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: 000709's interest payments on its debt are not well covered by EBIT (1.6x coverage).