Huitong Construction GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Huitong Construction GroupLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 179.7%. Its total assets and total liabilities are CN¥5.5B and CN¥4.3B respectively. Huitong Construction GroupLtd's EBIT is CN¥238.8M making its interest coverage ratio 4.2. It has cash and short-term investments of CN¥1.0B.
Key information
179.7%
Debt to equity ratio
CN¥2.06b
Debt
Interest coverage ratio | 4.2x |
Cash | CN¥1.04b |
Equity | CN¥1.15b |
Total liabilities | CN¥4.33b |
Total assets | CN¥5.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603176's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥2.9B).
Long Term Liabilities: 603176's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 603176's net debt to equity ratio (89.1%) is considered high.
Reducing Debt: Insufficient data to determine if 603176's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 603176's debt is well covered by operating cash flow (31.6%).
Interest Coverage: 603176's interest payments on its debt are well covered by EBIT (4.2x coverage).