Sinotruk (Hong Kong) Balance Sheet Health
Financial Health criteria checks 6/6
Sinotruk (Hong Kong) has a total shareholder equity of CN¥44.7B and total debt of CN¥4.2B, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are CN¥112.3B and CN¥67.6B respectively. Sinotruk (Hong Kong)'s EBIT is CN¥3.4B making its interest coverage ratio -18.7. It has cash and short-term investments of CN¥43.9B.
Key information
9.5%
Debt to equity ratio
CN¥4.24b
Debt
Interest coverage ratio | -18.7x |
Cash | CN¥43.87b |
Equity | CN¥44.72b |
Total liabilities | CN¥67.59b |
Total assets | CN¥112.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHKL.F's short term assets (CN¥80.2B) exceed its short term liabilities (CN¥66.4B).
Long Term Liabilities: SHKL.F's short term assets (CN¥80.2B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: SHKL.F has more cash than its total debt.
Reducing Debt: SHKL.F's debt to equity ratio has reduced from 15.4% to 9.5% over the past 5 years.
Debt Coverage: SHKL.F's debt is well covered by operating cash flow (291.5%).
Interest Coverage: SHKL.F earns more interest than it pays, so coverage of interest payments is not a concern.