Huaxin Cement Balance Sheet Health
Financial Health criteria checks 3/6
Huaxin Cement has a total shareholder equity of CN¥33.4B and total debt of CN¥14.4B, which brings its debt-to-equity ratio to 43.1%. Its total assets and total liabilities are CN¥68.8B and CN¥35.5B respectively. Huaxin Cement's EBIT is CN¥3.9B making its interest coverage ratio 6.4. It has cash and short-term investments of CN¥5.6B.
Key information
43.1%
Debt to equity ratio
CN¥14.39b
Debt
| Interest coverage ratio | 6.4x |
| Cash | CN¥5.55b |
| Equity | CN¥33.37b |
| Total liabilities | CN¥35.46b |
| Total assets | CN¥68.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RC0's short term assets (CN¥15.1B) do not cover its short term liabilities (CN¥16.9B).
Long Term Liabilities: RC0's short term assets (CN¥15.1B) do not cover its long term liabilities (CN¥18.6B).
Debt to Equity History and Analysis
Debt Level: RC0's net debt to equity ratio (26.5%) is considered satisfactory.
Reducing Debt: RC0's debt to equity ratio has increased from 24% to 43.1% over the past 5 years.
Debt Coverage: RC0's debt is well covered by operating cash flow (42.5%).
Interest Coverage: RC0's interest payments on its debt are well covered by EBIT (6.4x coverage).