Huaibei GreenGold Industry Investment Balance Sheet Health
Financial Health criteria checks 1/6
Huaibei GreenGold Industry Investment has a total shareholder equity of CN¥647.8M and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 209.9%. Its total assets and total liabilities are CN¥2.6B and CN¥1.9B respectively. Huaibei GreenGold Industry Investment's EBIT is CN¥83.1M making its interest coverage ratio 1.4. It has cash and short-term investments of CN¥566.7M.
Key information
209.9%
Debt to equity ratio
CN¥1.36b
Debt
| Interest coverage ratio | 1.4x |
| Cash | CN¥566.72m |
| Equity | CN¥647.81m |
| Total liabilities | CN¥1.93b |
| Total assets | CN¥2.58b |
Recent financial health updates
Recent updates
Here's Why Huaibei GreenGold Industry Investment (HKG:2450) Is Weighed Down By Its Debt Load
Aug 30
Some Investors May Be Worried About Huaibei GreenGold Industry Investment's (HKG:2450) Returns On Capital
May 23Huaibei GreenGold Industry Investment (HKG:2450) Is Reinvesting At Lower Rates Of Return
Feb 03Financial Position Analysis
Short Term Liabilities: 2450's short term assets (CN¥621.8M) exceed its short term liabilities (CN¥467.1M).
Long Term Liabilities: 2450's short term assets (CN¥621.8M) do not cover its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 2450's net debt to equity ratio (122.5%) is considered high.
Reducing Debt: Insufficient data to determine if 2450's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2450's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: 2450's interest payments on its debt are not well covered by EBIT (1.4x coverage).