Hisense Home Appliances Group Balance Sheet Health
Financial Health criteria checks 5/6
Hisense Home Appliances Group has a total shareholder equity of CN¥20.6B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are CN¥69.7B and CN¥49.2B respectively. Hisense Home Appliances Group's EBIT is CN¥4.7B making its interest coverage ratio -8.3. It has cash and short-term investments of CN¥21.6B.
Key information
12.5%
Debt to equity ratio
CN¥2.56b
Debt
Interest coverage ratio | -8.3x |
Cash | CN¥21.64b |
Equity | CN¥20.57b |
Total liabilities | CN¥49.16b |
Total assets | CN¥69.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HISE.F's short term assets (CN¥48.9B) exceed its short term liabilities (CN¥46.7B).
Long Term Liabilities: HISE.F's short term assets (CN¥48.9B) exceed its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: HISE.F has more cash than its total debt.
Reducing Debt: HISE.F's debt to equity ratio has increased from 0% to 12.5% over the past 5 years.
Debt Coverage: HISE.F's debt is well covered by operating cash flow (385.5%).
Interest Coverage: HISE.F earns more interest than it pays, so coverage of interest payments is not a concern.