Health and Happiness (H&H) International Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Health and Happiness (H&H) International Holdings has a total shareholder equity of CN¥6.5B and total debt of CN¥9.5B, which brings its debt-to-equity ratio to 147.1%. Its total assets and total liabilities are CN¥20.3B and CN¥13.9B respectively. Health and Happiness (H&H) International Holdings's EBIT is CN¥1.6B making its interest coverage ratio 1.9. It has cash and short-term investments of CN¥2.4B.
Key information
147.1%
Debt to equity ratio
CN¥9.50b
Debt
| Interest coverage ratio | 1.9x |
| Cash | CN¥2.43b |
| Equity | CN¥6.46b |
| Total liabilities | CN¥13.87b |
| Total assets | CN¥20.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8BI's short term assets (CN¥5.7B) do not cover its short term liabilities (CN¥9.2B).
Long Term Liabilities: 8BI's short term assets (CN¥5.7B) exceed its long term liabilities (CN¥4.7B).
Debt to Equity History and Analysis
Debt Level: 8BI's net debt to equity ratio (109.4%) is considered high.
Reducing Debt: 8BI's debt to equity ratio has increased from 115.7% to 147.1% over the past 5 years.
Debt Coverage: 8BI's debt is well covered by operating cash flow (22.4%).
Interest Coverage: 8BI's interest payments on its debt are not well covered by EBIT (1.9x coverage).