Hunan Development Group Balance Sheet Health
Financial Health criteria checks 6/6
Hunan Development Group has a total shareholder equity of CN¥3.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.3B and CN¥136.3M respectively. Hunan Development Group's EBIT is CN¥70.4M making its interest coverage ratio -3.2. It has cash and short-term investments of CN¥353.1M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -3.2x |
Cash | CN¥353.09m |
Equity | CN¥3.12b |
Total liabilities | CN¥136.32m |
Total assets | CN¥3.26b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000722's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥134.5M).
Long Term Liabilities: 000722's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥1.8M).
Debt to Equity History and Analysis
Debt Level: 000722 is debt free.
Reducing Debt: 000722 has no debt compared to 5 years ago when its debt to equity ratio was 4.5%.
Debt Coverage: 000722 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 000722 has no debt, therefore coverage of interest payments is not a concern.