Hainan Meilan International Airport Balance Sheet Health
Financial Health criteria checks 1/6
Hainan Meilan International Airport has a total shareholder equity of CN¥4.2B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 52.8%. Its total assets and total liabilities are CN¥11.4B and CN¥7.1B respectively.
Key information
52.8%
Debt to equity ratio
CN¥2.24b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥203.65m |
| Equity | CN¥4.24b |
| Total liabilities | CN¥7.12b |
| Total assets | CN¥11.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HMCT.F's short term assets (CN¥704.9M) do not cover its short term liabilities (CN¥6.4B).
Long Term Liabilities: HMCT.F's short term assets (CN¥704.9M) do not cover its long term liabilities (CN¥724.4M).
Debt to Equity History and Analysis
Debt Level: HMCT.F's net debt to equity ratio (48%) is considered high.
Reducing Debt: HMCT.F's debt to equity ratio has increased from 48.7% to 52.8% over the past 5 years.
Debt Coverage: HMCT.F's debt is well covered by operating cash flow (23.5%).
Interest Coverage: Insufficient data to determine if HMCT.F's interest payments on its debt are well covered by EBIT.