HBIS Balance Sheet Health
Financial Health criteria checks 1/6
HBIS has a total shareholder equity of CN¥68.6B and total debt of CN¥117.6B, which brings its debt-to-equity ratio to 171.5%. Its total assets and total liabilities are CN¥269.2B and CN¥200.7B respectively. HBIS's EBIT is CN¥5.9B making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥38.2B.
Key information
171.5%
Debt to equity ratio
CN¥117.62b
Debt
| Interest coverage ratio | 1.6x |
| Cash | CN¥38.21b |
| Equity | CN¥68.57b |
| Total liabilities | CN¥200.67b |
| Total assets | CN¥269.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000709's short term assets (CN¥76.4B) do not cover its short term liabilities (CN¥150.9B).
Long Term Liabilities: 000709's short term assets (CN¥76.4B) exceed its long term liabilities (CN¥49.7B).
Debt to Equity History and Analysis
Debt Level: 000709's net debt to equity ratio (115.8%) is considered high.
Reducing Debt: 000709's debt to equity ratio has increased from 120.4% to 171.5% over the past 5 years.
Debt Coverage: 000709's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: 000709's interest payments on its debt are not well covered by EBIT (1.6x coverage).