Hengtai Securities Balance Sheet Health
Financial Health criteria checks 3/6
Hengtai Securities has a total shareholder equity of CN¥8.2B and total debt of CN¥10.0B, which brings its debt-to-equity ratio to 122.3%. Its total assets and total liabilities are CN¥31.2B and CN¥23.0B respectively.
Key information
122.3%
Debt to equity ratio
CN¥10.02b
Debt
Interest coverage ratio | n/a |
Cash | CN¥19.96b |
Equity | CN¥8.19b |
Total liabilities | CN¥23.01b |
Total assets | CN¥31.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1476's short term assets (CN¥26.1B) exceed its short term liabilities (CN¥18.6B).
Long Term Liabilities: 1476's short term assets (CN¥26.1B) exceed its long term liabilities (CN¥4.4B).
Debt to Equity History and Analysis
Debt Level: 1476 has more cash than its total debt.
Reducing Debt: 1476's debt to equity ratio has increased from 103.7% to 122.3% over the past 5 years.
Debt Coverage: 1476's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1476's interest payments on its debt are well covered by EBIT.