China Railway Group Balance Sheet Health
Financial Health criteria checks 2/6
China Railway Group has a total shareholder equity of CN¥470.9B and total debt of CN¥459.9B, which brings its debt-to-equity ratio to 97.6%. Its total assets and total liabilities are CN¥1,857.4B and CN¥1,386.4B respectively. China Railway Group's EBIT is CN¥51.5B making its interest coverage ratio 12.1. It has cash and short-term investments of CN¥181.9B.
Key information
97.6%
Debt to equity ratio
CN¥459.87b
Debt
| Interest coverage ratio | 12.1x |
| Cash | CN¥181.95b |
| Equity | CN¥470.95b |
| Total liabilities | CN¥1.39t |
| Total assets | CN¥1.86t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 601390's short term assets (CN¥1,014.4B) do not cover its short term liabilities (CN¥1,022.9B).
Long Term Liabilities: 601390's short term assets (CN¥1,014.4B) exceed its long term liabilities (CN¥363.6B).
Debt to Equity History and Analysis
Debt Level: 601390's net debt to equity ratio (59%) is considered high.
Reducing Debt: 601390's debt to equity ratio has increased from 88.2% to 97.6% over the past 5 years.
Debt Coverage: 601390's debt is not well covered by operating cash flow (1.8%).
Interest Coverage: 601390's interest payments on its debt are well covered by EBIT (12.1x coverage).