Hilong Holding Balance Sheet Health
Financial Health criteria checks 3/6
Hilong Holding has a total shareholder equity of CN¥3.4B and total debt of CN¥3.1B, which brings its debt-to-equity ratio to 91.1%. Its total assets and total liabilities are CN¥8.1B and CN¥4.7B respectively. Hilong Holding's EBIT is CN¥568.0M making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥883.7M.
Key information
91.1%
Debt to equity ratio
CN¥3.14b
Debt
Interest coverage ratio | 1.7x |
Cash | CN¥883.69m |
Equity | CN¥3.45b |
Total liabilities | CN¥4.70b |
Total assets | CN¥8.15b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: HLON.F's short term assets (CN¥4.9B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: HLON.F's short term assets (CN¥4.9B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: HLON.F's net debt to equity ratio (65.4%) is considered high.
Reducing Debt: HLON.F's debt to equity ratio has increased from 82.6% to 91.1% over the past 5 years.
Debt Coverage: HLON.F's debt is well covered by operating cash flow (23.5%).
Interest Coverage: HLON.F's interest payments on its debt are not well covered by EBIT (1.7x coverage).