Hainan Haiqi Transportation GroupLtd Balance Sheet Health
Financial Health criteria checks 2/6
Hainan Haiqi Transportation GroupLtd has a total shareholder equity of CN¥906.5M and total debt of CN¥813.4M, which brings its debt-to-equity ratio to 89.7%. Its total assets and total liabilities are CN¥2.8B and CN¥1.9B respectively.
Key information
89.7%
Debt to equity ratio
CN¥813.44m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥348.63m |
| Equity | CN¥906.53m |
| Total liabilities | CN¥1.87b |
| Total assets | CN¥2.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603069's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥952.0M).
Long Term Liabilities: 603069's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥919.2M).
Debt to Equity History and Analysis
Debt Level: 603069's net debt to equity ratio (51.3%) is considered high.
Reducing Debt: 603069's debt to equity ratio has increased from 0% to 89.7% over the past 5 years.
Debt Coverage: 603069's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: Insufficient data to determine if 603069's interest payments on its debt are well covered by EBIT.