Hainan Airport Infrastructure Balance Sheet Health
Financial Health criteria checks 2/6
Hainan Airport Infrastructure has a total shareholder equity of CN¥25.1B and total debt of CN¥17.4B, which brings its debt-to-equity ratio to 69.2%. Its total assets and total liabilities are CN¥54.0B and CN¥28.9B respectively. Hainan Airport Infrastructure's EBIT is CN¥978.8M making its interest coverage ratio 2.9. It has cash and short-term investments of CN¥5.8B.
Key information
69.2%
Debt to equity ratio
CN¥17.39b
Debt
| Interest coverage ratio | 2.9x |
| Cash | CN¥5.80b |
| Equity | CN¥25.13b |
| Total liabilities | CN¥28.88b |
| Total assets | CN¥54.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600515's short term assets (CN¥22.0B) exceed its short term liabilities (CN¥9.3B).
Long Term Liabilities: 600515's short term assets (CN¥22.0B) exceed its long term liabilities (CN¥19.6B).
Debt to Equity History and Analysis
Debt Level: 600515's net debt to equity ratio (46.1%) is considered high.
Reducing Debt: 600515's debt to equity ratio has increased from 66.2% to 69.2% over the past 5 years.
Debt Coverage: 600515's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600515's interest payments on its debt are not well covered by EBIT (2.9x coverage).