Chongqing Construction Engineering Group Balance Sheet Health
Financial Health criteria checks 1/6
Chongqing Construction Engineering Group has a total shareholder equity of CN¥8.7B and total debt of CN¥19.2B, which brings its debt-to-equity ratio to 220.6%. Its total assets and total liabilities are CN¥83.8B and CN¥75.0B respectively. Chongqing Construction Engineering Group's EBIT is CN¥640.0M making its interest coverage ratio 1.1. It has cash and short-term investments of CN¥4.1B.
Key information
220.6%
Debt to equity ratio
CN¥19.25b
Debt
Interest coverage ratio | 1.1x |
Cash | CN¥4.05b |
Equity | CN¥8.73b |
Total liabilities | CN¥75.03b |
Total assets | CN¥83.75b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600939's short term assets (CN¥65.3B) do not cover its short term liabilities (CN¥67.3B).
Long Term Liabilities: 600939's short term assets (CN¥65.3B) exceed its long term liabilities (CN¥7.7B).
Debt to Equity History and Analysis
Debt Level: 600939's net debt to equity ratio (174.1%) is considered high.
Reducing Debt: 600939's debt to equity ratio has increased from 181.3% to 220.6% over the past 5 years.
Debt Coverage: 600939's debt is not well covered by operating cash flow (2.9%).
Interest Coverage: 600939's interest payments on its debt are not well covered by EBIT (1.1x coverage).