Hoyuan Green Energy Balance Sheet Health
Financial Health criteria checks 3/6
Hoyuan Green Energy has a total shareholder equity of CN¥14.7B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 11.6%. Its total assets and total liabilities are CN¥32.4B and CN¥17.7B respectively.
Key information
11.6%
Debt to equity ratio
CN¥1.71b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥10.76b |
| Equity | CN¥14.70b |
| Total liabilities | CN¥17.67b |
| Total assets | CN¥32.37b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 603185's short term assets (CN¥14.9B) do not cover its short term liabilities (CN¥16.4B).
Long Term Liabilities: 603185's short term assets (CN¥14.9B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 603185 has more cash than its total debt.
Reducing Debt: 603185's debt to equity ratio has increased from 0% to 11.6% over the past 5 years.
Debt Coverage: 603185's debt is well covered by operating cash flow (34.4%).
Interest Coverage: Insufficient data to determine if 603185's interest payments on its debt are well covered by EBIT.