Shanxi Huhua Group Balance Sheet Health
Financial Health criteria checks 5/6
Shanxi Huhua Group has a total shareholder equity of CN¥1.4B and total debt of CN¥29.2M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are CN¥1.9B and CN¥493.2M respectively. Shanxi Huhua Group's EBIT is CN¥217.3M making its interest coverage ratio -15.3. It has cash and short-term investments of CN¥485.0M.
Key information
2.1%
Debt to equity ratio
CN¥29.21m
Debt
Interest coverage ratio | -15.3x |
Cash | CN¥485.02m |
Equity | CN¥1.40b |
Total liabilities | CN¥493.16m |
Total assets | CN¥1.89b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 003002's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥393.7M).
Long Term Liabilities: 003002's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥99.5M).
Debt to Equity History and Analysis
Debt Level: 003002 has more cash than its total debt.
Reducing Debt: 003002's debt to equity ratio has increased from 0.9% to 2.1% over the past 5 years.
Debt Coverage: 003002's debt is well covered by operating cash flow (629.3%).
Interest Coverage: 003002 earns more interest than it pays, so coverage of interest payments is not a concern.