Sichuan Road & Bridge GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Sichuan Road & Bridge GroupLtd has a total shareholder equity of CN¥52.6B and total debt of CN¥80.7B, which brings its debt-to-equity ratio to 153.5%. Its total assets and total liabilities are CN¥237.2B and CN¥184.6B respectively. Sichuan Road & Bridge GroupLtd's EBIT is CN¥12.6B making its interest coverage ratio 5. It has cash and short-term investments of CN¥21.3B.
Key information
153.5%
Debt to equity ratio
CN¥80.73b
Debt
| Interest coverage ratio | 5x |
| Cash | CN¥21.32b |
| Equity | CN¥52.60b |
| Total liabilities | CN¥184.59b |
| Total assets | CN¥237.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600039's short term assets (CN¥141.5B) exceed its short term liabilities (CN¥113.6B).
Long Term Liabilities: 600039's short term assets (CN¥141.5B) exceed its long term liabilities (CN¥71.0B).
Debt to Equity History and Analysis
Debt Level: 600039's net debt to equity ratio (113%) is considered high.
Reducing Debt: 600039's debt to equity ratio has reduced from 236% to 153.5% over the past 5 years.
Debt Coverage: 600039's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: 600039's interest payments on its debt are well covered by EBIT (5x coverage).