Sichuan Hexie Shuangma Balance Sheet Health
Financial Health criteria checks 6/6
Sichuan Hexie Shuangma has a total shareholder equity of CN¥7.5B and total debt of CN¥15.8M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥8.2B and CN¥736.0M respectively. Sichuan Hexie Shuangma's EBIT is CN¥475.4M making its interest coverage ratio -1.3. It has cash and short-term investments of CN¥1.3B.
Key information
0.2%
Debt to equity ratio
CN¥15.78m
Debt
Interest coverage ratio | -1.3x |
Cash | CN¥1.28b |
Equity | CN¥7.46b |
Total liabilities | CN¥736.01m |
Total assets | CN¥8.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000935's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥433.7M).
Long Term Liabilities: 000935's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥302.3M).
Debt to Equity History and Analysis
Debt Level: 000935 has more cash than its total debt.
Reducing Debt: 000935's debt to equity ratio has reduced from 5.7% to 0.2% over the past 5 years.
Debt Coverage: 000935's debt is well covered by operating cash flow (1960.1%).
Interest Coverage: 000935 earns more interest than it pays, so coverage of interest payments is not a concern.