Shandong Humon Smelting Balance Sheet Health
Financial Health criteria checks 5/6
Shandong Humon Smelting has a total shareholder equity of CN¥9.3B and total debt of CN¥11.2B, which brings its debt-to-equity ratio to 119.8%. Its total assets and total liabilities are CN¥24.1B and CN¥14.8B respectively. Shandong Humon Smelting's EBIT is CN¥1.0B making its interest coverage ratio 4.2. It has cash and short-term investments of CN¥6.2B.
Key information
119.8%
Debt to equity ratio
CN¥11.17b
Debt
Interest coverage ratio | 4.2x |
Cash | CN¥6.22b |
Equity | CN¥9.32b |
Total liabilities | CN¥14.79b |
Total assets | CN¥24.11b |
Recent financial health updates
Recent updates
It's A Story Of Risk Vs Reward With Shandong Humon Smelting Co., Ltd. (SZSE:002237)
Jun 26Is Shandong Humon Smelting (SZSE:002237) Using Too Much Debt?
Jun 09Why Shandong Humon Smelting's (SZSE:002237) Earnings Are Better Than They Seem
May 02Shandong Humon Smelting (SZSE:002237) Might Be Having Difficulty Using Its Capital Effectively
Apr 15Investors Continue Waiting On Sidelines For Shandong Humon Smelting Co., Ltd. (SZSE:002237)
Mar 04Financial Position Analysis
Short Term Liabilities: 002237's short term assets (CN¥17.2B) exceed its short term liabilities (CN¥8.2B).
Long Term Liabilities: 002237's short term assets (CN¥17.2B) exceed its long term liabilities (CN¥6.6B).
Debt to Equity History and Analysis
Debt Level: 002237's net debt to equity ratio (53.1%) is considered high.
Reducing Debt: 002237's debt to equity ratio has reduced from 156.3% to 119.8% over the past 5 years.
Debt Coverage: 002237's debt is well covered by operating cash flow (24.9%).
Interest Coverage: 002237's interest payments on its debt are well covered by EBIT (4.2x coverage).