Hengan International Group Balance Sheet Health
Financial Health criteria checks 5/6
Hengan International Group has a total shareholder equity of CN¥21.1B and total debt of CN¥20.7B, which brings its debt-to-equity ratio to 98.1%. Its total assets and total liabilities are CN¥46.4B and CN¥25.4B respectively. Hengan International Group's EBIT is CN¥3.7B making its interest coverage ratio -10.4. It has cash and short-term investments of CN¥21.0B.
Key information
98.1%
Debt to equity ratio
CN¥20.67b
Debt
| Interest coverage ratio | -10.4x |
| Cash | CN¥21.02b |
| Equity | CN¥21.07b |
| Total liabilities | CN¥25.36b |
| Total assets | CN¥46.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HGNC's short term assets (CN¥29.2B) exceed its short term liabilities (CN¥22.8B).
Long Term Liabilities: HGNC's short term assets (CN¥29.2B) exceed its long term liabilities (CN¥2.6B).
Debt to Equity History and Analysis
Debt Level: HGNC has more cash than its total debt.
Reducing Debt: HGNC's debt to equity ratio has reduced from 139.5% to 98.1% over the past 5 years.
Debt Coverage: HGNC's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: HGNC earns more interest than it pays, so coverage of interest payments is not a concern.