Sichuan Road & Bridge GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Sichuan Road & Bridge GroupLtd has a total shareholder equity of CN¥49.7B and total debt of CN¥85.4B, which brings its debt-to-equity ratio to 171.9%. Its total assets and total liabilities are CN¥244.9B and CN¥195.2B respectively. Sichuan Road & Bridge GroupLtd's EBIT is CN¥11.1B making its interest coverage ratio 4.2. It has cash and short-term investments of CN¥19.3B.
Key information
171.9%
Debt to equity ratio
CN¥85.43b
Debt
| Interest coverage ratio | 4.2x |
| Cash | CN¥19.28b |
| Equity | CN¥49.69b |
| Total liabilities | CN¥195.19b |
| Total assets | CN¥244.88b |
Recent financial health updates
Is Sichuan Road & Bridge GroupLtd (SHSE:600039) Using Too Much Debt?
Aug 26
Sichuan Road & Bridge GroupLtd (SHSE:600039) Has A Somewhat Strained Balance Sheet
May 21Recent updates
Investors Aren't Buying Sichuan Road & Bridge Group Co.,Ltd's (SHSE:600039) Earnings
Sep 30Is Sichuan Road & Bridge GroupLtd (SHSE:600039) Using Too Much Debt?
Aug 26Sichuan Road & Bridge Group Co.,Ltd's (SHSE:600039) Business And Shares Still Trailing The Market
Jun 24Sichuan Road & Bridge GroupLtd (SHSE:600039) Has A Somewhat Strained Balance Sheet
May 21Sichuan Road & Bridge Group Co.,Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 26Calculating The Fair Value Of Sichuan Road & Bridge Co.,Ltd (SHSE:600039)
Apr 18Financial Position Analysis
Short Term Liabilities: 600039's short term assets (CN¥145.5B) exceed its short term liabilities (CN¥123.4B).
Long Term Liabilities: 600039's short term assets (CN¥145.5B) exceed its long term liabilities (CN¥71.8B).
Debt to Equity History and Analysis
Debt Level: 600039's net debt to equity ratio (133.1%) is considered high.
Reducing Debt: 600039's debt to equity ratio has reduced from 252.9% to 171.9% over the past 5 years.
Debt Coverage: 600039's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600039's interest payments on its debt are well covered by EBIT (4.2x coverage).