Heilongjiang Transport Development Balance Sheet Health
Financial Health criteria checks 5/6
Heilongjiang Transport Development has a total shareholder equity of CN¥4.9B and total debt of CN¥200.7M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are CN¥5.4B and CN¥577.9M respectively. Heilongjiang Transport Development's EBIT is CN¥65.5M making its interest coverage ratio -0.8. It has cash and short-term investments of CN¥1.0B.
Key information
4.1%
Debt to equity ratio
CN¥200.67m
Debt
Interest coverage ratio | -0.8x |
Cash | CN¥1.02b |
Equity | CN¥4.87b |
Total liabilities | CN¥577.86m |
Total assets | CN¥5.44b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 601188's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥340.6M).
Long Term Liabilities: 601188's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥237.2M).
Debt to Equity History and Analysis
Debt Level: 601188 has more cash than its total debt.
Reducing Debt: 601188's debt to equity ratio has increased from 0% to 4.1% over the past 5 years.
Debt Coverage: 601188's debt is well covered by operating cash flow (169.4%).
Interest Coverage: 601188 earns more interest than it pays, so coverage of interest payments is not a concern.