Hello Group Balance Sheet Health
Financial Health criteria checks 6/6
Hello Group has a total shareholder equity of CN¥12.0B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 18.1%. Its total assets and total liabilities are CN¥16.2B and CN¥4.2B respectively. Hello Group's EBIT is CN¥2.3B making its interest coverage ratio -6.2. It has cash and short-term investments of CN¥6.9B.
Key information
18.1%
Debt to equity ratio
CN¥2.17b
Debt
Interest coverage ratio | -6.2x |
Cash | CN¥6.89b |
Equity | CN¥11.99b |
Total liabilities | CN¥4.24b |
Total assets | CN¥16.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1MO's short term assets (CN¥7.8B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 1MO's short term assets (CN¥7.8B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 1MO has more cash than its total debt.
Reducing Debt: 1MO's debt to equity ratio has reduced from 44.2% to 18.1% over the past 5 years.
Debt Coverage: 1MO's debt is well covered by operating cash flow (104.8%).
Interest Coverage: 1MO earns more interest than it pays, so coverage of interest payments is not a concern.