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¥147.5M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are CN¥2.8B and CN¥796.8M respectively. Hunan Investment GroupLtd's EBIT is CN¥216.4M making its interest coverage ratio 54.2. It has cash and short-term investments of CN¥750.3M.
Key information
7.2%
Debt to equity ratio
CN¥147.50m
Debt
Interest coverage ratio | 54.2x |
Cash | CN¥750.29m |
Equity | CN¥2.04b |
Total liabilities | CN¥796.80m |
Total assets | CN¥2.83b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000548's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥566.6M).
Long Term Liabilities: 000548's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥230.2M).
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 0.06% to 7.2% over the past 5 years.
Debt Coverage: 000548's debt is well covered by operating cash flow (98.3%).
Interest Coverage: 000548's interest payments on its debt are well covered by EBIT (54.2x coverage).