Hengan International Group Balance Sheet Health
Financial Health criteria checks 6/6
Hengan International Group has a total shareholder equity of CN¥20.6B and total debt of CN¥14.2B, which brings its debt-to-equity ratio to 69%. Its total assets and total liabilities are CN¥40.2B and CN¥19.6B respectively. Hengan International Group's EBIT is CN¥3.5B making its interest coverage ratio -10.5. It has cash and short-term investments of CN¥18.2B.
Key information
69.0%
Debt to equity ratio
CN¥14.24b
Debt
Interest coverage ratio | -10.5x |
Cash | CN¥18.22b |
Equity | CN¥20.63b |
Total liabilities | CN¥19.59b |
Total assets | CN¥40.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEGI.F's short term assets (CN¥26.8B) exceed its short term liabilities (CN¥19.1B).
Long Term Liabilities: HEGI.F's short term assets (CN¥26.8B) exceed its long term liabilities (CN¥525.8M).
Debt to Equity History and Analysis
Debt Level: HEGI.F has more cash than its total debt.
Reducing Debt: HEGI.F's debt to equity ratio has reduced from 142.8% to 69% over the past 5 years.
Debt Coverage: HEGI.F's debt is well covered by operating cash flow (27.2%).
Interest Coverage: HEGI.F earns more interest than it pays, so coverage of interest payments is not a concern.