Sinotruk (Hong Kong) Balance Sheet Health
Financial Health criteria checks 5/6
Sinotruk (Hong Kong) has a total shareholder equity of CN¥48.1B and total debt of CN¥7.6B, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are CN¥132.7B and CN¥84.6B respectively. Sinotruk (Hong Kong)'s EBIT is CN¥7.1B making its interest coverage ratio -25.2. It has cash and short-term investments of CN¥32.2B.
Key information
15.8%
Debt to equity ratio
CN¥7.59b
Debt
| Interest coverage ratio | -25.2x |
| Cash | CN¥32.24b |
| Equity | CN¥48.10b |
| Total liabilities | CN¥84.64b |
| Total assets | CN¥132.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHKL.F's short term assets (CN¥94.5B) exceed its short term liabilities (CN¥83.3B).
Long Term Liabilities: SHKL.F's short term assets (CN¥94.5B) exceed its long term liabilities (CN¥1.4B).
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 increased from 5.6% to 15.8% over the past 5 years.
Debt Coverage: SHKL.F's debt is well covered by operating cash flow (149.7%).
Interest Coverage: SHKL.F earns more interest than it pays, so coverage of interest payments is not a concern.