Hongli Group Balance Sheet Health
Financial Health criteria checks 2/6
Hongli Group has a total shareholder equity of $20.7M and total debt of $10.3M, which brings its debt-to-equity ratio to 49.8%. Its total assets and total liabilities are $32.7M and $12.0M respectively.
Key information
49.8%
Debt to equity ratio
US$10.30m
Debt
| Interest coverage ratio | n/a |
| Cash | US$930.42k |
| Equity | US$20.69m |
| Total liabilities | US$12.01m |
| Total assets | US$32.70m |
Recent financial health updates
No updates
Recent updates
Hongli Group Inc.'s (NASDAQ:HLP) 28% Share Price Plunge Could Signal Some Risk
Oct 15
What Hongli Group Inc.'s (NASDAQ:HLP) 28% Share Price Gain Is Not Telling You
Aug 24Investors Could Be Concerned With Hongli Group's (NASDAQ:HLP) Returns On Capital
Jul 13Hongli Group Inc.'s (NASDAQ:HLP) 51% Share Price Surge Not Quite Adding Up
May 03There Are Reasons To Feel Uneasy About Hongli Group's (NASDAQ:HLP) Returns On Capital
Mar 27Why Hongli Group's (NASDAQ:HLP) Shaky Earnings Are Just The Beginning Of Its Problems
Dec 07Financial Position Analysis
Short Term Liabilities: HLP's short term assets ($12.0M) exceed its short term liabilities ($8.3M).
Long Term Liabilities: HLP's short term assets ($12.0M) exceed its long term liabilities ($3.7M).
Debt to Equity History and Analysis
Debt Level: HLP's net debt to equity ratio (45.3%) is considered high.
Reducing Debt: Insufficient data to determine if HLP's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HLP's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: Insufficient data to determine if HLP's interest payments on its debt are well covered by EBIT.