Hainan Haiyao Balance Sheet Health
Financial Health criteria checks 3/6
Hainan Haiyao has a total shareholder equity of CN¥1.9B and total debt of CN¥4.3B, which brings its debt-to-equity ratio to 226%. Its total assets and total liabilities are CN¥7.3B and CN¥5.4B respectively.
Key information
226.0%
Debt to equity ratio
CN¥4.26b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥832.11m |
| Equity | CN¥1.89b |
| Total liabilities | CN¥5.40b |
| Total assets | CN¥7.29b |
Recent financial health updates
Recent updates
What Hainan Haiyao Co., Ltd.'s (SZSE:000566) 31% Share Price Gain Is Not Telling You
Oct 25
Hainan Haiyao (SZSE:000566) Is Carrying A Fair Bit Of Debt
Oct 06Revenues Not Telling The Story For Hainan Haiyao Co., Ltd. (SZSE:000566)
Sep 09Hainan Haiyao Co., Ltd.'s (SZSE:000566) Shares May Have Run Too Fast Too Soon
Jun 07Investor Optimism Abounds Hainan Haiyao Co., Ltd. (SZSE:000566) But Growth Is Lacking
Feb 26Financial Position Analysis
Short Term Liabilities: 000566's short term assets (CN¥2.2B) do not cover its short term liabilities (CN¥3.6B).
Long Term Liabilities: 000566's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥1.8B).
Debt to Equity History and Analysis
Debt Level: 000566's net debt to equity ratio (181.8%) is considered high.
Reducing Debt: 000566's debt to equity ratio has increased from 69.8% to 226% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 000566 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 000566 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 32.6% each year