China Harmony Auto Holding Balance Sheet Health
Financial Health criteria checks 4/6
China Harmony Auto Holding has a total shareholder equity of CN¥5.7B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 38.5%. Its total assets and total liabilities are CN¥10.8B and CN¥5.2B respectively.
Key information
38.5%
Debt to equity ratio
CN¥2.18b
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.07b |
Equity | CN¥5.67b |
Total liabilities | CN¥5.17b |
Total assets | CN¥10.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HA5's short term assets (CN¥6.3B) exceed its short term liabilities (CN¥4.3B).
Long Term Liabilities: HA5's short term assets (CN¥6.3B) exceed its long term liabilities (CN¥861.9M).
Debt to Equity History and Analysis
Debt Level: HA5's net debt to equity ratio (19.7%) is considered satisfactory.
Reducing Debt: HA5's debt to equity ratio has increased from 30.9% to 38.5% over the past 5 years.
Debt Coverage: HA5's debt is well covered by operating cash flow (28%).
Interest Coverage: Insufficient data to determine if HA5's interest payments on its debt are well covered by EBIT.