Hla Group Balance Sheet Health
Financial Health criteria checks 6/6
Hla Group has a total shareholder equity of CN¥19.5B and total debt of CN¥768.3M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are CN¥33.8B and CN¥14.4B respectively. Hla Group's EBIT is CN¥3.7B making its interest coverage ratio -17.5. It has cash and short-term investments of CN¥13.4B.
Key information
3.9%
Debt to equity ratio
CN¥768.28m
Debt
Interest coverage ratio | -17.5x |
Cash | CN¥13.39b |
Equity | CN¥19.47b |
Total liabilities | CN¥14.35b |
Total assets | CN¥33.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600398's short term assets (CN¥25.1B) exceed its short term liabilities (CN¥13.4B).
Long Term Liabilities: 600398's short term assets (CN¥25.1B) exceed its long term liabilities (CN¥1.0B).
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 19.9% to 3.9% over the past 5 years.
Debt Coverage: 600398's debt is well covered by operating cash flow (673.5%).
Interest Coverage: 600398 earns more interest than it pays, so coverage of interest payments is not a concern.