Sany Heavy Equipment International Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Sany Heavy Equipment International Holdings has a total shareholder equity of CN¥12.0B and total debt of CN¥10.0B, which brings its debt-to-equity ratio to 83.6%. Its total assets and total liabilities are CN¥38.2B and CN¥26.2B respectively. Sany Heavy Equipment International Holdings's EBIT is CN¥1.3B making its interest coverage ratio -46. It has cash and short-term investments of CN¥7.0B.
Key information
83.6%
Debt to equity ratio
CN¥10.03b
Debt
| Interest coverage ratio | -46x |
| Cash | CN¥6.98b |
| Equity | CN¥12.00b |
| Total liabilities | CN¥26.19b |
| Total assets | CN¥38.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YXS's short term assets (CN¥24.1B) exceed its short term liabilities (CN¥17.8B).
Long Term Liabilities: YXS's short term assets (CN¥24.1B) exceed its long term liabilities (CN¥8.4B).
Debt to Equity History and Analysis
Debt Level: YXS's net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: YXS's debt to equity ratio has increased from 22.4% to 83.6% over the past 5 years.
Debt Coverage: YXS's debt is not well covered by operating cash flow (13.8%).
Interest Coverage: YXS earns more interest than it pays, so coverage of interest payments is not a concern.