HBIS Resources Balance Sheet Health
Financial Health criteria checks 6/6
HBIS Resources has a total shareholder equity of CN¥12.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥15.5B and CN¥3.5B respectively. HBIS Resources's EBIT is CN¥1.4B making its interest coverage ratio -4.4. It has cash and short-term investments of CN¥4.7B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -4.4x |
Cash | CN¥4.74b |
Equity | CN¥12.04b |
Total liabilities | CN¥3.49b |
Total assets | CN¥15.53b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000923's short term assets (CN¥6.7B) exceed its short term liabilities (CN¥818.5M).
Long Term Liabilities: 000923's short term assets (CN¥6.7B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 000923 is debt free.
Reducing Debt: 000923 has no debt compared to 5 years ago when its debt to equity ratio was 9.2%.
Debt Coverage: 000923 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 000923 has no debt, therefore coverage of interest payments is not a concern.