Harbin Hatou InvestmentLtd Balance Sheet Health
Financial Health criteria checks 6/6
Harbin Hatou InvestmentLtd has a total shareholder equity of CN¥12.6B and total debt of CN¥17.2B, which brings its debt-to-equity ratio to 137.2%. Its total assets and total liabilities are CN¥39.7B and CN¥27.1B respectively. Harbin Hatou InvestmentLtd's EBIT is CN¥327.9M making its interest coverage ratio 5.5. It has cash and short-term investments of CN¥24.0B.
Key information
137.2%
Debt to equity ratio
CN¥17.25b
Debt
Interest coverage ratio | 5.5x |
Cash | CN¥23.95b |
Equity | CN¥12.57b |
Total liabilities | CN¥27.12b |
Total assets | CN¥39.68b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600864's short term assets (CN¥32.7B) exceed its short term liabilities (CN¥20.8B).
Long Term Liabilities: 600864's short term assets (CN¥32.7B) exceed its long term liabilities (CN¥6.3B).
Debt to Equity History and Analysis
Debt Level: 600864 has more cash than its total debt.
Reducing Debt: 600864's debt to equity ratio has reduced from 140.8% to 137.2% over the past 5 years.
Debt Coverage: 600864's debt is well covered by operating cash flow (20.1%).
Interest Coverage: 600864's interest payments on its debt are well covered by EBIT (5.5x coverage).