Hla Group Balance Sheet Health
Financial Health criteria checks 6/6
Hla Group has a total shareholder equity of CN¥15.2B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are CN¥30.5B and CN¥15.3B respectively. Hla Group's EBIT is CN¥3.4B making its interest coverage ratio -47.8. It has cash and short-term investments of CN¥10.2B.
Key information
19.0%
Debt to equity ratio
CN¥2.89b
Debt
Interest coverage ratio | -47.8x |
Cash | CN¥10.20b |
Equity | CN¥15.19b |
Total liabilities | CN¥15.26b |
Total assets | CN¥30.45b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600398's short term assets (CN¥21.1B) exceed its short term liabilities (CN¥11.6B).
Long Term Liabilities: 600398's short term assets (CN¥21.1B) exceed its long term liabilities (CN¥3.6B).
Debt to Equity History and Analysis
Debt Level: 600398 has more cash than its total debt.
Reducing Debt: 600398's debt to equity ratio has reduced from 22% to 19% over the past 5 years.
Debt Coverage: 600398's debt is well covered by operating cash flow (157.9%).
Interest Coverage: 600398 earns more interest than it pays, so coverage of interest payments is not a concern.