Anhui Construction Engineering Group Balance Sheet Health
Financial Health criteria checks 2/6
Anhui Construction Engineering Group has a total shareholder equity of CN¥23.9B and total debt of CN¥60.3B, which brings its debt-to-equity ratio to 252.2%. Its total assets and total liabilities are CN¥167.7B and CN¥143.8B respectively. Anhui Construction Engineering Group's EBIT is CN¥4.9B making its interest coverage ratio 2.5. It has cash and short-term investments of CN¥13.2B.
Key information
252.2%
Debt to equity ratio
CN¥60.34b
Debt
Interest coverage ratio | 2.5x |
Cash | CN¥13.20b |
Equity | CN¥23.93b |
Total liabilities | CN¥143.81b |
Total assets | CN¥167.74b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600502's short term assets (CN¥109.9B) exceed its short term liabilities (CN¥101.7B).
Long Term Liabilities: 600502's short term assets (CN¥109.9B) exceed its long term liabilities (CN¥42.1B).
Debt to Equity History and Analysis
Debt Level: 600502's net debt to equity ratio (197%) is considered high.
Reducing Debt: 600502's debt to equity ratio has increased from 208.1% to 252.2% over the past 5 years.
Debt Coverage: 600502's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: 600502's interest payments on its debt are not well covered by EBIT (2.5x coverage).