China Harmony Auto Holding Balance Sheet Health
Financial Health criteria checks 3/6
China Harmony Auto Holding has a total shareholder equity of CN¥5.6B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 42.7%. Its total assets and total liabilities are CN¥10.6B and CN¥5.0B respectively.
Key information
42.7%
Debt to equity ratio
CN¥2.38b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.22b |
| Equity | CN¥5.58b |
| Total liabilities | CN¥5.02b |
| Total assets | CN¥10.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HA5's short term assets (CN¥6.0B) exceed its short term liabilities (CN¥4.1B).
Long Term Liabilities: HA5's short term assets (CN¥6.0B) exceed its long term liabilities (CN¥886.4M).
Debt to Equity History and Analysis
Debt Level: HA5's net debt to equity ratio (20.8%) is considered satisfactory.
Reducing Debt: HA5's debt to equity ratio has increased from 28% to 42.7% over the past 5 years.
Debt Coverage: HA5's debt is not well covered by operating cash flow (1.4%).
Interest Coverage: Insufficient data to determine if HA5's interest payments on its debt are well covered by EBIT.