Haitian International Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Haitian International Holdings has a total shareholder equity of CN¥18.8B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are CN¥29.1B and CN¥10.3B respectively. Haitian International Holdings's EBIT is CN¥2.6B making its interest coverage ratio -12.7. It has cash and short-term investments of CN¥11.0B.
Key information
14.6%
Debt to equity ratio
CN¥2.75b
Debt
Interest coverage ratio | -12.7x |
Cash | CN¥10.96b |
Equity | CN¥18.84b |
Total liabilities | CN¥10.25b |
Total assets | CN¥29.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HAII.F's short term assets (CN¥18.5B) exceed its short term liabilities (CN¥7.5B).
Long Term Liabilities: HAII.F's short term assets (CN¥18.5B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: HAII.F has more cash than its total debt.
Reducing Debt: HAII.F's debt to equity ratio has reduced from 15.6% to 14.6% over the past 5 years.
Debt Coverage: HAII.F's debt is well covered by operating cash flow (73.3%).
Interest Coverage: HAII.F earns more interest than it pays, so coverage of interest payments is not a concern.