Hichain LogisticsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hichain LogisticsLtd has a total shareholder equity of CN¥3.1B and total debt of CN¥100.0M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are CN¥4.2B and CN¥1.1B respectively. Hichain LogisticsLtd's EBIT is CN¥227.0M making its interest coverage ratio -3.5. It has cash and short-term investments of CN¥1.5B.
Key information
3.2%
Debt to equity ratio
CN¥100.00m
Debt
Interest coverage ratio | -3.5x |
Cash | CN¥1.48b |
Equity | CN¥3.09b |
Total liabilities | CN¥1.12b |
Total assets | CN¥4.20b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300873's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥955.4M).
Long Term Liabilities: 300873's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥159.9M).
Debt to Equity History and Analysis
Debt Level: 300873 has more cash than its total debt.
Reducing Debt: 300873's debt to equity ratio has increased from 0.4% to 3.2% over the past 5 years.
Debt Coverage: 300873's debt is well covered by operating cash flow (526.1%).
Interest Coverage: 300873 earns more interest than it pays, so coverage of interest payments is not a concern.