Shandong Hontron Aluminum Industry Holding Balance Sheet Health
Financial Health criteria checks 5/6
Shandong Hontron Aluminum Industry Holding has a total shareholder equity of CN¥2.0B and total debt of CN¥196.1M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are CN¥3.3B and CN¥1.4B respectively.
Key information
9.9%
Debt to equity ratio
CN¥196.14m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥838.05m |
| Equity | CN¥1.98b |
| Total liabilities | CN¥1.36b |
| Total assets | CN¥3.34b |
Recent financial health updates
Is Shandong Hontron Aluminum Industry Holding (SZSE:002379) Weighed On By Its Debt Load?
Sep 25
Is Shandong Hontron Aluminum Industry Holding (SZSE:002379) A Risky Investment?
Jun 06Recent updates
Optimistic Investors Push Shandong Hontron Aluminum Industry Holding Company Limited (SZSE:002379) Shares Up 36% But Growth Is Lacking
Oct 18Is Shandong Hontron Aluminum Industry Holding (SZSE:002379) Weighed On By Its Debt Load?
Sep 25Is Shandong Hontron Aluminum Industry Holding (SZSE:002379) A Risky Investment?
Jun 06Optimistic Investors Push Shandong Hontron Aluminum Industry Holding Company Limited (SZSE:002379) Shares Up 27% But Growth Is Lacking
May 10Financial Position Analysis
Short Term Liabilities: 002379's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 002379's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥118.9M).
Debt to Equity History and Analysis
Debt Level: 002379 has more cash than its total debt.
Reducing Debt: 002379's debt to equity ratio has increased from 3.2% to 9.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 002379 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002379 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 18.6% each year