Hello Group Balance Sheet Health
Financial Health criteria checks 6/6
Hello Group has a total shareholder equity of CN¥11.4B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 30.8%. Its total assets and total liabilities are CN¥17.5B and CN¥6.1B respectively. Hello Group's EBIT is CN¥2.1B making its interest coverage ratio -5.6. It has cash and short-term investments of CN¥6.3B.
Key information
30.8%
Debt to equity ratio
CN¥3.51b
Debt
| Interest coverage ratio | -5.6x |
| Cash | CN¥6.31b |
| Equity | CN¥11.37b |
| Total liabilities | CN¥6.11b |
| Total assets | CN¥17.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0K2P's short term assets (CN¥8.8B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 0K2P's short term assets (CN¥8.8B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 0K2P has more cash than its total debt.
Reducing Debt: 0K2P's debt to equity ratio has reduced from 42.7% to 30.8% over the past 5 years.
Debt Coverage: 0K2P's debt is well covered by operating cash flow (53.5%).
Interest Coverage: 0K2P earns more interest than it pays, so coverage of interest payments is not a concern.