Hilong Holding Financial Health
How is Hilong Holding's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 1623's short term assets (CN¥4.7B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 1623's short term assets (CN¥4.7B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 1623's net debt to equity ratio (76.6%) is considered high.
Reducing Debt: 1623's debt to equity ratio has increased from 83% to 93.2% over the past 5 years.
Debt Coverage: 1623's debt is not well covered by operating cash flow (4.8%).
Interest Coverage: 1623's interest payments on its debt are not well covered by EBIT (1.1x coverage).