Hilong Holding Balance Sheet Health
Financial Health criteria checks 3/6
Hilong Holding has a total shareholder equity of CN¥3.4B and total debt of CN¥3.1B, which brings its debt-to-equity ratio to 91.1%. Its total assets and total liabilities are CN¥8.1B and CN¥4.7B respectively. Hilong Holding's EBIT is CN¥568.0M making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥883.7M.
Key information
91.1%
Debt to equity ratio
CN¥3.14b
Debt
| Interest coverage ratio | 1.7x |
| Cash | CN¥883.69m |
| Equity | CN¥3.45b |
| Total liabilities | CN¥4.70b |
| Total assets | CN¥8.15b |
Recent financial health updates
Does Hilong Holding (HKG:1623) Have A Healthy Balance Sheet?
Sep 26
Hilong Holding (HKG:1623) Takes On Some Risk With Its Use Of Debt
Jun 08Hilong Holding (HKG:1623) Seems To Be Using A Lot Of Debt
Sep 15Auditors Have Doubts About Hilong Holding (HKG:1623)
Apr 20Recent updates
Hilong Holding (HKG:1623) Is Doing The Right Things To Multiply Its Share Price
Mar 14Returns On Capital Are Showing Encouraging Signs At Hilong Holding (HKG:1623)
Dec 01Here's Why We Think Hilong Holding (HKG:1623) Might Deserve Your Attention Today
Sep 29Hilong Holding (HKG:1623) Has Some Way To Go To Become A Multi-Bagger
Jul 27Hilong Holding (HKG:1623) Hasn't Managed To Accelerate Its Returns
Mar 30Returns On Capital At Hilong Holding (HKG:1623) Have Stalled
Dec 10Does Hilong Holding (HKG:1623) Have A Healthy Balance Sheet?
Sep 26Party Time: One Broker Just Made Major Increases To Their Hilong Holding Limited (HKG:1623) Earnings Forecast
Aug 30We Like These Underlying Return On Capital Trends At Hilong Holding (HKG:1623)
Aug 22Hilong Holding (HKG:1623) Takes On Some Risk With Its Use Of Debt
Jun 08Investors Shouldn't Be Too Comfortable With Hilong Holding's (HKG:1623) Robust Earnings
Apr 01Hilong Holding (HKG:1623) May Have Issues Allocating Its Capital
Mar 17Hilong Holding (HKG:1623) Seems To Be Using A Lot Of Debt
Sep 15Capital Allocation Trends At Hilong Holding (HKG:1623) Aren't Ideal
Jul 28Auditors Have Doubts About Hilong Holding (HKG:1623)
Apr 20The Hilong Holding Limited (HKG:1623) Analyst Just Cut Their Revenue Forecast By 10%
Mar 31Know This Before Buying Hilong Holding Limited (HKG:1623) For Its Dividend
Mar 17What Type Of Returns Would Hilong Holding's(HKG:1623) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Feb 15The Trends At Hilong Holding (HKG:1623) That You Should Know About
Jan 20Man Chung Wong Is The Independent Non-Executive Director of Hilong Holding Limited (HKG:1623) And They Just Picked Up 2,425% More Shares
Dec 25
Factors Income Investors Should Consider Before Adding Hilong Holding Limited (HKG:1623) To Their Portfolio
Dec 17How Does Hilong Holding's (HKG:1623) CEO Pay Compare With Company Performance?
Nov 26Financial Position Analysis
Short Term Liabilities: 1623's short term assets (CN¥4.9B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 1623's short term assets (CN¥4.9B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 1623's net debt to equity ratio (65.4%) is considered high.
Reducing Debt: 1623's debt to equity ratio has increased from 82.6% to 91.1% over the past 5 years.
Debt Coverage: 1623's debt is well covered by operating cash flow (23.5%).
Interest Coverage: 1623's interest payments on its debt are not well covered by EBIT (1.7x coverage).