Shandong HaihuaLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shandong HaihuaLtd has a total shareholder equity of CN¥5.2B and total debt of CN¥252.6M, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are CN¥8.4B and CN¥3.2B respectively. Shandong HaihuaLtd's EBIT is CN¥743.3M making its interest coverage ratio -75.3. It has cash and short-term investments of CN¥1.8B.
Key information
4.8%
Debt to equity ratio
CN¥252.61m
Debt
| Interest coverage ratio | -75.3x |
| Cash | CN¥1.82b |
| Equity | CN¥5.25b |
| Total liabilities | CN¥3.19b |
| Total assets | CN¥8.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000822's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 000822's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥612.0M).
Debt to Equity History and Analysis
Debt Level: 000822 has more cash than its total debt.
Reducing Debt: 000822's debt to equity ratio has increased from 0% to 4.8% over the past 5 years.
Debt Coverage: 000822's debt is well covered by operating cash flow (456.4%).
Interest Coverage: 000822 earns more interest than it pays, so coverage of interest payments is not a concern.