Sinotruk (Hong Kong) Balance Sheet Health
Financial Health criteria checks 6/6
Sinotruk (Hong Kong) has a total shareholder equity of CN¥48.0B and total debt of CN¥5.0B, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are CN¥121.8B and CN¥73.8B respectively. Sinotruk (Hong Kong)'s EBIT is CN¥6.3B making its interest coverage ratio -22.2. It has cash and short-term investments of CN¥34.7B.
Key information
10.5%
Debt to equity ratio
CN¥5.05b
Debt
Interest coverage ratio | -22.2x |
Cash | CN¥34.70b |
Equity | CN¥47.96b |
Total liabilities | CN¥73.82b |
Total assets | CN¥121.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3808's short term assets (CN¥87.1B) exceed its short term liabilities (CN¥72.5B).
Long Term Liabilities: 3808's short term assets (CN¥87.1B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 3808 has more cash than its total debt.
Reducing Debt: 3808's debt to equity ratio has reduced from 17.2% to 10.5% over the past 5 years.
Debt Coverage: 3808's debt is well covered by operating cash flow (245%).
Interest Coverage: 3808 earns more interest than it pays, so coverage of interest payments is not a concern.