Haitong Unitrust International Financial Leasing Balance Sheet Health
Financial Health criteria checks 4/6
Haitong Unitrust International Financial Leasing has a total shareholder equity of CN¥20.2B and total debt of CN¥48.7B, which brings its debt-to-equity ratio to 240.7%. Its total assets and total liabilities are CN¥118.7B and CN¥98.5B respectively.
Key information
240.7%
Debt to equity ratio
CN¥48.71b
Debt
Interest coverage ratio | n/a |
Cash | CN¥11.17b |
Equity | CN¥20.24b |
Total liabilities | CN¥98.51b |
Total assets | CN¥118.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HA6's short term assets (CN¥59.1B) exceed its short term liabilities (CN¥49.9B).
Long Term Liabilities: HA6's short term assets (CN¥59.1B) exceed its long term liabilities (CN¥48.6B).
Debt to Equity History and Analysis
Debt Level: HA6's net debt to equity ratio (185.5%) is considered high.
Reducing Debt: HA6's debt to equity ratio has reduced from 446.1% to 240.7% over the past 5 years.
Debt Coverage: HA6's debt is well covered by operating cash flow (25.9%).
Interest Coverage: Insufficient data to determine if HA6's interest payments on its debt are well covered by EBIT.