Shenzhen Huakong Seg Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Huakong Seg has a total shareholder equity of CN¥1.0B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 130%. Its total assets and total liabilities are CN¥4.1B and CN¥3.0B respectively.
Key information
130.0%
Debt to equity ratio
CN¥1.35b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥412.82m |
| Equity | CN¥1.04b |
| Total liabilities | CN¥3.03b |
| Total assets | CN¥4.06b |
Financial Position Analysis
Short Term Liabilities: 000068's short term assets (CN¥1.5B) do not cover its short term liabilities (CN¥1.8B).
Long Term Liabilities: 000068's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 000068's net debt to equity ratio (90.1%) is considered high.
Reducing Debt: 000068's debt to equity ratio has reduced from 174.7% to 130% over the past 5 years.
Debt Coverage: 000068's debt is well covered by operating cash flow (22.9%).
Interest Coverage: Insufficient data to determine if 000068's interest payments on its debt are well covered by EBIT.