Hua Yin International Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Hua Yin International Holdings has a total shareholder equity of CN¥340.1M and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 338%. Its total assets and total liabilities are CN¥2.3B and CN¥2.0B respectively. Hua Yin International Holdings's EBIT is CN¥508.4M making its interest coverage ratio 249.2. It has cash and short-term investments of CN¥78.4M.
Key information
338.0%
Debt to equity ratio
CN¥1.15b
Debt
Interest coverage ratio | 249.2x |
Cash | CN¥78.37m |
Equity | CN¥340.07m |
Total liabilities | CN¥1.97b |
Total assets | CN¥2.31b |
Recent financial health updates
We Think Hua Yin International Holdings (HKG:989) Is Taking Some Risk With Its Debt
Feb 19Would Hua Yin International Holdings (HKG:989) Be Better Off With Less Debt?
Aug 02Recent updates
Here's Why Hua Yin International Holdings Limited's (HKG:989) CEO Compensation Is The Least Of Shareholders Concerns
Sep 11We Think Hua Yin International Holdings (HKG:989) Is Taking Some Risk With Its Debt
Feb 19Is Now The Time To Put Hua Yin International Holdings (HKG:989) On Your Watchlist?
Jan 16Would Hua Yin International Holdings (HKG:989) Be Better Off With Less Debt?
Aug 02Hua Yin International Holdings (HKG:989) Strong Profits May Be Masking Some Underlying Issues
Dec 23If You Had Bought Ground International Development (HKG:989) Stock A Year Ago, You Could Pocket A 434% Gain Today
Feb 17What You Need To Know About Ground International Development Limited's (HKG:989) Investor Composition
Jan 13Don't Ignore The Fact That This Insider Just Sold Some Shares In Ground International Development Limited (HKG:989)
Dec 04Financial Position Analysis
Short Term Liabilities: 989's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 989's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥516.0M).
Debt to Equity History and Analysis
Debt Level: 989's net debt to equity ratio (315%) is considered high.
Reducing Debt: 989's debt to equity ratio has increased from 60.7% to 338% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 989 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 989 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.