Hainan Haiqi Transportation GroupLtd Balance Sheet Health
Financial Health criteria checks 3/6
Hainan Haiqi Transportation GroupLtd has a total shareholder equity of CN¥909.0M and total debt of CN¥686.2M, which brings its debt-to-equity ratio to 75.5%. Its total assets and total liabilities are CN¥2.7B and CN¥1.8B respectively.
Key information
75.5%
Debt to equity ratio
CN¥686.17m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥375.22m |
| Equity | CN¥908.95m |
| Total liabilities | CN¥1.84b |
| Total assets | CN¥2.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603069's short term assets (CN¥1.0B) do not cover its short term liabilities (CN¥1.1B).
Long Term Liabilities: 603069's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥774.9M).
Debt to Equity History and Analysis
Debt Level: 603069's net debt to equity ratio (34.2%) is considered satisfactory.
Reducing Debt: 603069's debt to equity ratio has increased from 0% to 75.5% over the past 5 years.
Debt Coverage: 603069's debt is well covered by operating cash flow (28%).
Interest Coverage: Insufficient data to determine if 603069's interest payments on its debt are well covered by EBIT.