China Communications Construction Balance Sheet Health
Financial Health criteria checks 3/6
China Communications Construction has a total shareholder equity of CN¥459.1B and total debt of CN¥543.8B, which brings its debt-to-equity ratio to 118.4%. Its total assets and total liabilities are CN¥1,684.3B and CN¥1,225.1B respectively. China Communications Construction's EBIT is CN¥40.2B making its interest coverage ratio -19.2. It has cash and short-term investments of CN¥121.8B.
Key information
118.4%
Debt to equity ratio
CN¥543.82b
Debt
Interest coverage ratio | -19.2x |
Cash | CN¥121.77b |
Equity | CN¥459.12b |
Total liabilities | CN¥1.23t |
Total assets | CN¥1.68t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601800's short term assets (CN¥686.1B) do not cover its short term liabilities (CN¥762.2B).
Long Term Liabilities: 601800's short term assets (CN¥686.1B) exceed its long term liabilities (CN¥463.0B).
Debt to Equity History and Analysis
Debt Level: 601800's net debt to equity ratio (91.9%) is considered high.
Reducing Debt: 601800's debt to equity ratio has reduced from 122.4% to 118.4% over the past 5 years.
Debt Coverage: 601800's debt is not well covered by operating cash flow (2.2%).
Interest Coverage: 601800 earns more interest than it pays, so coverage of interest payments is not a concern.