Hualan Biological Engineering Balance Sheet Health
Financial Health criteria checks 5/6
Hualan Biological Engineering has a total shareholder equity of CN¥13.7B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are CN¥16.3B and CN¥2.6B respectively. Hualan Biological Engineering's EBIT is CN¥1.7B making its interest coverage ratio -11. It has cash and short-term investments of CN¥4.3B.
Key information
8.0%
Debt to equity ratio
CN¥1.10b
Debt
Interest coverage ratio | -11x |
Cash | CN¥4.32b |
Equity | CN¥13.71b |
Total liabilities | CN¥2.56b |
Total assets | CN¥16.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002007's short term assets (CN¥9.9B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 002007's short term assets (CN¥9.9B) exceed its long term liabilities (CN¥100.2M).
Debt to Equity History and Analysis
Debt Level: 002007 has more cash than its total debt.
Reducing Debt: 002007's debt to equity ratio has increased from 0% to 8% over the past 5 years.
Debt Coverage: 002007's debt is well covered by operating cash flow (93.3%).
Interest Coverage: 002007 earns more interest than it pays, so coverage of interest payments is not a concern.