Chongqing Construction Engineering Group Balance Sheet Health
Financial Health criteria checks 1/6
Chongqing Construction Engineering Group has a total shareholder equity of CN¥8.6B and total debt of CN¥18.9B, which brings its debt-to-equity ratio to 221.6%. Its total assets and total liabilities are CN¥84.8B and CN¥76.3B respectively. Chongqing Construction Engineering Group's EBIT is CN¥361.6M making its interest coverage ratio 0.6. It has cash and short-term investments of CN¥4.0B.
Key information
221.6%
Debt to equity ratio
CN¥18.95b
Debt
| Interest coverage ratio | 0.6x |
| Cash | CN¥4.03b |
| Equity | CN¥8.55b |
| Total liabilities | CN¥76.30b |
| Total assets | CN¥84.85b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600939's short term assets (CN¥65.7B) do not cover its short term liabilities (CN¥68.0B).
Long Term Liabilities: 600939's short term assets (CN¥65.7B) exceed its long term liabilities (CN¥8.3B).
Debt to Equity History and Analysis
Debt Level: 600939's net debt to equity ratio (174.5%) is considered high.
Reducing Debt: 600939's debt to equity ratio has increased from 163.7% to 221.6% over the past 5 years.
Debt Coverage: 600939's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600939's interest payments on its debt are not well covered by EBIT (0.6x coverage).