Hainan Airlines Holding Balance Sheet Health
Financial Health criteria checks 0/6
Hainan Airlines Holding has a total shareholder equity of CN¥3.9B and total debt of CN¥63.9B, which brings its debt-to-equity ratio to 1632.9%. Its total assets and total liabilities are CN¥143.9B and CN¥140.0B respectively. Hainan Airlines Holding's EBIT is CN¥3.6B making its interest coverage ratio 1. It has cash and short-term investments of CN¥15.0B.
Key information
1,632.9%
Debt to equity ratio
CN¥63.90b
Debt
| Interest coverage ratio | 1x |
| Cash | CN¥15.04b |
| Equity | CN¥3.91b |
| Total liabilities | CN¥139.97b |
| Total assets | CN¥143.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600221's short term assets (CN¥36.0B) do not cover its short term liabilities (CN¥37.3B).
Long Term Liabilities: 600221's short term assets (CN¥36.0B) do not cover its long term liabilities (CN¥102.7B).
Debt to Equity History and Analysis
Debt Level: 600221's net debt to equity ratio (1248.5%) is considered high.
Reducing Debt: 600221's debt to equity ratio has increased from 146.3% to 1632.9% over the past 5 years.
Debt Coverage: 600221's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: 600221's interest payments on its debt are not well covered by EBIT (1x coverage).