Hengdeli Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Hengdeli Holdings has a total shareholder equity of CN¥3.2B and total debt of CN¥94.1M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are CN¥3.6B and CN¥353.5M respectively.
Key information
2.9%
Debt to equity ratio
CN¥94.14m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.32b |
| Equity | CN¥3.25b |
| Total liabilities | CN¥353.52m |
| Total assets | CN¥3.60b |
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¥314.7M).
Long Term Liabilities: 3389's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥38.8M).
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 3.2% to 2.9% over the past 5 years.
Debt Coverage: 3389's debt is well covered by operating cash flow (88.5%).
Interest Coverage: Insufficient data to determine if 3389's interest payments on its debt are well covered by EBIT.