Guangzhou Hexin InstrumentLtd Balance Sheet Health
Financial Health criteria checks 2/6
Guangzhou Hexin InstrumentLtd has a total shareholder equity of CN¥401.9M and total debt of CN¥350.7M, which brings its debt-to-equity ratio to 87.2%. Its total assets and total liabilities are CN¥1.1B and CN¥651.5M respectively.
Key information
87.2%
Debt to equity ratio
CN¥350.67m
Debt
Interest coverage ratio | n/a |
Cash | CN¥141.72m |
Equity | CN¥401.91m |
Total liabilities | CN¥651.51m |
Total assets | CN¥1.05b |
Financial Position Analysis
Short Term Liabilities: 688622's short term assets (CN¥512.3M) exceed its short term liabilities (CN¥440.9M).
Long Term Liabilities: 688622's short term assets (CN¥512.3M) exceed its long term liabilities (CN¥210.6M).
Debt to Equity History and Analysis
Debt Level: 688622's net debt to equity ratio (52%) is considered high.
Reducing Debt: 688622's debt to equity ratio has increased from 24% to 87.2% over the past 5 years.
Debt Coverage: 688622's debt is not well covered by operating cash flow (3.8%).
Interest Coverage: Insufficient data to determine if 688622's interest payments on its debt are well covered by EBIT.