China Hainan Rubber Industry GroupLtd Balance Sheet Health
Financial Health criteria checks 1/6
China Hainan Rubber Industry GroupLtd has a total shareholder equity of CN¥11.0B and total debt of CN¥14.6B, which brings its debt-to-equity ratio to 133.3%. Its total assets and total liabilities are CN¥35.1B and CN¥24.1B respectively.
Key information
133.3%
Debt to equity ratio
CN¥14.62b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥4.37b |
| Equity | CN¥10.97b |
| Total liabilities | CN¥24.09b |
| Total assets | CN¥35.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601118's short term assets (CN¥14.1B) do not cover its short term liabilities (CN¥15.7B).
Long Term Liabilities: 601118's short term assets (CN¥14.1B) exceed its long term liabilities (CN¥8.4B).
Debt to Equity History and Analysis
Debt Level: 601118's net debt to equity ratio (93.5%) is considered high.
Reducing Debt: 601118's debt to equity ratio has increased from 36.2% to 133.3% over the past 5 years.
Debt Coverage: 601118's debt is not well covered by operating cash flow (12%).
Interest Coverage: Insufficient data to determine if 601118's interest payments on its debt are well covered by EBIT.