Hengdeli Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Hengdeli Holdings has a total shareholder equity of CN¥3.3B and total debt of CN¥96.5M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are CN¥3.7B and CN¥332.8M respectively.
Key information
2.9%
Debt to equity ratio
CN¥96.53m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.27b |
| Equity | CN¥3.32b |
| Total liabilities | CN¥332.79m |
| Total assets | CN¥3.66b |
Recent financial health updates
Health Check: How Prudently Does Hengdeli Holdings (HKG:3389) Use Debt?
Nov 11
Is Hengdeli Holdings (HKG:3389) Weighed On By Its Debt Load?
Apr 27Health Check: How Prudently Does Hengdeli Holdings (HKG:3389) Use Debt?
Dec 07Recent updates
Health Check: How Prudently Does Hengdeli Holdings (HKG:3389) Use Debt?
Nov 11We Think Hengdeli Holdings' (HKG:3389) Healthy Earnings Might Be Conservative
Apr 11Is Hengdeli Holdings (HKG:3389) Weighed On By Its Debt Load?
Apr 27What You Need To Know About Hengdeli Holdings Limited's (HKG:3389) Investor Composition
Jan 29
Health Check: How Prudently Does Hengdeli Holdings (HKG:3389) Use Debt?
Dec 07Financial Position Analysis
Short Term Liabilities: 3389's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥300.3M).
Long Term Liabilities: 3389's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥32.5M).
Debt to Equity History and Analysis
Debt Level: 3389 has more cash than its total debt.
Reducing Debt: 3389's debt to equity ratio has reduced from 3.3% to 2.9% over the past 5 years.
Debt Coverage: 3389's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 3389's interest payments on its debt are well covered by EBIT.