Huabao International Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Huabao International Holdings has a total shareholder equity of CN¥14.3B and total debt of CN¥455.3M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are CN¥16.0B and CN¥1.7B respectively. Huabao International Holdings's EBIT is CN¥423.7M making its interest coverage ratio -6. It has cash and short-term investments of CN¥6.4B.
Key information
3.2%
Debt to equity ratio
CN¥455.25m
Debt
Interest coverage ratio | -6x |
Cash | CN¥6.43b |
Equity | CN¥14.27b |
Total liabilities | CN¥1.73b |
Total assets | CN¥16.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEY2's short term assets (CN¥8.4B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: CEY2's short term assets (CN¥8.4B) exceed its long term liabilities (CN¥348.4M).
Debt to Equity History and Analysis
Debt Level: CEY2 has more cash than its total debt.
Reducing Debt: CEY2's debt to equity ratio has reduced from 26.8% to 3.2% over the past 5 years.
Debt Coverage: CEY2's debt is well covered by operating cash flow (212%).
Interest Coverage: CEY2 earns more interest than it pays, so coverage of interest payments is not a concern.