Shaanxi Construction Engineering Group Balance Sheet Health
Financial Health criteria checks 5/6
Shaanxi Construction Engineering Group has a total shareholder equity of CN¥37.5B and total debt of CN¥44.0B, which brings its debt-to-equity ratio to 117.4%. Its total assets and total liabilities are CN¥346.7B and CN¥309.2B respectively. Shaanxi Construction Engineering Group's EBIT is CN¥13.3B making its interest coverage ratio -79.6. It has cash and short-term investments of CN¥31.4B.
Key information
117.4%
Debt to equity ratio
CN¥44.02b
Debt
Interest coverage ratio | -79.6x |
Cash | CN¥31.41b |
Equity | CN¥37.49b |
Total liabilities | CN¥309.20b |
Total assets | CN¥346.70b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600248's short term assets (CN¥303.7B) exceed its short term liabilities (CN¥283.4B).
Long Term Liabilities: 600248's short term assets (CN¥303.7B) exceed its long term liabilities (CN¥25.8B).
Debt to Equity History and Analysis
Debt Level: 600248's net debt to equity ratio (33.6%) is considered satisfactory.
Reducing Debt: 600248's debt to equity ratio has reduced from 159.6% to 117.4% over the past 5 years.
Debt Coverage: 600248's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600248 earns more interest than it pays, so coverage of interest payments is not a concern.