Huashi Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Huashi Group Holdings has a total shareholder equity of CN¥94.1M and total debt of CN¥37.9M, which brings its debt-to-equity ratio to 40.3%. Its total assets and total liabilities are CN¥162.7M and CN¥68.5M respectively. Huashi Group Holdings's EBIT is CN¥61.4M making its interest coverage ratio 46.9. It has cash and short-term investments of CN¥3.3M.
Key information
40.3%
Debt to equity ratio
CN¥37.94m
Debt
Interest coverage ratio | 46.9x |
Cash | CN¥3.31m |
Equity | CN¥94.13m |
Total liabilities | CN¥68.54m |
Total assets | CN¥162.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1111's short term assets (CN¥128.7M) exceed its short term liabilities (CN¥62.4M).
Long Term Liabilities: 1111's short term assets (CN¥128.7M) exceed its long term liabilities (CN¥6.1M).
Debt to Equity History and Analysis
Debt Level: 1111's net debt to equity ratio (36.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 1111's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 1111's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1111's interest payments on its debt are well covered by EBIT (46.9x coverage).