Hainan Airlines Holding Balance Sheet Health
Financial Health criteria checks 0/6
Hainan Airlines Holding has a total shareholder equity of CN¥2.1B and total debt of CN¥61.2B, which brings its debt-to-equity ratio to 2952.7%. Its total assets and total liabilities are CN¥134.8B and CN¥132.7B respectively. Hainan Airlines Holding's EBIT is CN¥5.9B making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥9.8B.
Key information
2,952.7%
Debt to equity ratio
CN¥61.24b
Debt
Interest coverage ratio | 1.6x |
Cash | CN¥9.82b |
Equity | CN¥2.07b |
Total liabilities | CN¥132.71b |
Total assets | CN¥134.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 900945's short term assets (CN¥29.2B) do not cover its short term liabilities (CN¥33.7B).
Long Term Liabilities: 900945's short term assets (CN¥29.2B) do not cover its long term liabilities (CN¥99.0B).
Debt to Equity History and Analysis
Debt Level: 900945's net debt to equity ratio (2479.4%) is considered high.
Reducing Debt: 900945's debt to equity ratio has increased from 147.3% to 2952.7% over the past 5 years.
Debt Coverage: 900945's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: 900945's interest payments on its debt are not well covered by EBIT (1.6x coverage).