Huayu Expressway Group Balance Sheet Health
Financial Health criteria checks 5/6
Huayu Expressway Group has a total shareholder equity of CN¥1.1B and total debt of CN¥187.3M, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are CN¥1.4B and CN¥312.6M respectively. Huayu Expressway Group's EBIT is CN¥2.8M making its interest coverage ratio -2.6. It has cash and short-term investments of CN¥276.3M.
Key information
17.0%
Debt to equity ratio
CN¥187.34m
Debt
| Interest coverage ratio | -2.6x |
| Cash | CN¥276.30m |
| Equity | CN¥1.11b |
| Total liabilities | CN¥312.63m |
| Total assets | CN¥1.42b |
Recent financial health updates
Does Huayu Expressway Group (HKG:1823) Have A Healthy Balance Sheet?
Sep 17
We Think Huayu Expressway Group (HKG:1823) Can Manage Its Debt With Ease
Sep 26Huayu Expressway Group (HKG:1823) Takes On Some Risk With Its Use Of Debt
Apr 20These 4 Measures Indicate That Huayu Expressway Group (HKG:1823) Is Using Debt Extensively
Sep 23These 4 Measures Indicate That Huayu Expressway Group (HKG:1823) Is Using Debt Reasonably Well
Mar 29Does Huayu Expressway Group (HKG:1823) Have A Healthy Balance Sheet?
Oct 08Recent updates
Does Huayu Expressway Group (HKG:1823) Have A Healthy Balance Sheet?
Sep 17Huayu Expressway Group Limited's (HKG:1823) 36% Share Price Plunge Could Signal Some Risk
Aug 11Huayu Expressway Group (HKG:1823) Could Be At Risk Of Shrinking As A Company
Jul 13Pinning Down Huayu Expressway Group Limited's (HKG:1823) P/S Is Difficult Right Now
Apr 29Here's What To Make Of Huayu Expressway Group's (HKG:1823) Decelerating Rates Of Return
Dec 06We Think Huayu Expressway Group (HKG:1823) Can Manage Its Debt With Ease
Sep 26Huayu Expressway Group (HKG:1823) Is Doing The Right Things To Multiply Its Share Price
Jun 07Huayu Expressway Group (HKG:1823) Takes On Some Risk With Its Use Of Debt
Apr 20Investors Will Want Huayu Expressway Group's (HKG:1823) Growth In ROCE To Persist
Oct 24These 4 Measures Indicate That Huayu Expressway Group (HKG:1823) Is Using Debt Extensively
Sep 23I Ran A Stock Scan For Earnings Growth And Huayu Expressway Group (HKG:1823) Passed With Ease
Apr 22These 4 Measures Indicate That Huayu Expressway Group (HKG:1823) Is Using Debt Reasonably Well
Mar 29There's Been No Shortage Of Growth Recently For Huayu Expressway Group's (HKG:1823) Returns On Capital
Mar 08With EPS Growth And More, Huayu Expressway Group (HKG:1823) Is Interesting
Jan 11Returns At Huayu Expressway Group (HKG:1823) Are On The Way Up
Nov 18Does Huayu Expressway Group (HKG:1823) Have A Healthy Balance Sheet?
Oct 08Is Now The Time To Put Huayu Expressway Group (HKG:1823) On Your Watchlist?
Aug 31The Returns On Capital At Huayu Expressway Group (HKG:1823) Don't Inspire Confidence
Jun 11Should You Be Adding Huayu Expressway Group (HKG:1823) To Your Watchlist Today?
Apr 18Huayu Expressway Group (HKG:1823) Takes On Some Risk With Its Use Of Debt
Mar 28Here's What To Make Of Huayu Expressway Group's (HKG:1823) Returns On Capital
Feb 28Will Huayu Expressway Group (HKG:1823) Multiply In Value Going Forward?
Nov 30
Financial Position Analysis
Short Term Liabilities: 1823's short term assets (CN¥822.1M) exceed its short term liabilities (CN¥274.4M).
Long Term Liabilities: 1823's short term assets (CN¥822.1M) exceed its long term liabilities (CN¥38.2M).
Debt to Equity History and Analysis
Debt Level: 1823 has more cash than its total debt.
Reducing Debt: 1823's debt to equity ratio has reduced from 246.2% to 17% over the past 5 years.
Debt Coverage: 1823's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1823 earns more interest than it pays, so coverage of interest payments is not a concern.