Hunan Investment GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hunan Investment GroupLtd has a total shareholder equity of CN¥2.0B and total debt of CN¥145.1M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are CN¥2.8B and CN¥759.2M respectively. Hunan Investment GroupLtd's EBIT is CN¥222.1M making its interest coverage ratio -561.2. It has cash and short-term investments of CN¥750.9M.
Key information
7.2%
Debt to equity ratio
CN¥145.11m
Debt
| Interest coverage ratio | -561.2x |
| Cash | CN¥750.90m |
| Equity | CN¥2.02b |
| Total liabilities | CN¥759.24m |
| Total assets | CN¥2.78b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000548's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥533.1M).
Long Term Liabilities: 000548's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥226.1M).
Debt to Equity History and Analysis
Debt Level: 000548 has more cash than its total debt.
Reducing Debt: 000548's debt to equity ratio has increased from 0% to 7.2% over the past 5 years.
Debt Coverage: 000548's debt is well covered by operating cash flow (31%).
Interest Coverage: 000548 earns more interest than it pays, so coverage of interest payments is not a concern.