HBIS Resources Balance Sheet Health
Financial Health criteria checks 6/6
HBIS Resources has a total shareholder equity of CN¥13.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥17.1B and CN¥4.1B respectively. HBIS Resources's EBIT is CN¥1.4B making its interest coverage ratio -4.3. It has cash and short-term investments of CN¥4.4B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -4.3x |
| Cash | CN¥4.43b |
| Equity | CN¥12.99b |
| Total liabilities | CN¥4.10b |
| Total assets | CN¥17.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000923's short term assets (CN¥6.4B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 000923's short term assets (CN¥6.4B) exceed its long term liabilities (CN¥3.0B).
Debt to Equity History and Analysis
Debt Level: 000923 is debt free.
Reducing Debt: 000923 has no debt compared to 5 years ago when its debt to equity ratio was 8.9%.
Debt Coverage: 000923 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 000923 has no debt, therefore coverage of interest payments is not a concern.