Hailir Pesticides and Chemicals GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hailir Pesticides and Chemicals GroupLtd has a total shareholder equity of CN¥3.4B and total debt of CN¥830.3M, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are CN¥6.5B and CN¥3.1B respectively. Hailir Pesticides and Chemicals GroupLtd's EBIT is CN¥267.0M making its interest coverage ratio -37.7. It has cash and short-term investments of CN¥1.1B.
Key information
24.1%
Debt to equity ratio
CN¥830.32m
Debt
| Interest coverage ratio | -37.7x |
| Cash | CN¥1.06b |
| Equity | CN¥3.44b |
| Total liabilities | CN¥3.07b |
| Total assets | CN¥6.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603639's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 603639's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥416.2M).
Debt to Equity History and Analysis
Debt Level: 603639 has more cash than its total debt.
Reducing Debt: 603639's debt to equity ratio has increased from 3.6% to 24.1% over the past 5 years.
Debt Coverage: 603639's debt is well covered by operating cash flow (52.5%).
Interest Coverage: 603639 earns more interest than it pays, so coverage of interest payments is not a concern.