Hidili Industry International Development Balance Sheet Health
Financial Health criteria checks 2/6
Hidili Industry International Development has a total shareholder equity of CN¥1.4B and total debt of CN¥7.3B, which brings its debt-to-equity ratio to 533%. Its total assets and total liabilities are CN¥13.0B and CN¥11.7B respectively. Hidili Industry International Development's EBIT is CN¥1.3B making its interest coverage ratio 5.2. It has cash and short-term investments of CN¥40.2M.
Key information
533.0%
Debt to equity ratio
CN¥7.32b
Debt
| Interest coverage ratio | 5.2x |
| Cash | CN¥40.18m |
| Equity | CN¥1.37b |
| Total liabilities | CN¥11.65b |
| Total assets | CN¥13.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HIID.Q's short term assets (CN¥2.6B) do not cover its short term liabilities (CN¥11.3B).
Long Term Liabilities: HIID.Q's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥334.1M).
Debt to Equity History and Analysis
Debt Level: HIID.Q's net debt to equity ratio (530.1%) is considered high.
Reducing Debt: HIID.Q's debt to equity ratio has increased from 341.3% to 533% over the past 5 years.
Debt Coverage: HIID.Q's debt is not well covered by operating cash flow (9%).
Interest Coverage: HIID.Q's interest payments on its debt are well covered by EBIT (5.2x coverage).