China Railway Construction Heavy Industry Balance Sheet Health
Financial Health criteria checks 5/6
China Railway Construction Heavy Industry has a total shareholder equity of CN¥16.9B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are CN¥27.4B and CN¥10.4B respectively. China Railway Construction Heavy Industry's EBIT is CN¥1.4B making its interest coverage ratio -10.8. It has cash and short-term investments of CN¥2.2B.
Key information
16.1%
Debt to equity ratio
CN¥2.73b
Debt
Interest coverage ratio | -10.8x |
Cash | CN¥2.16b |
Equity | CN¥16.92b |
Total liabilities | CN¥10.44b |
Total assets | CN¥27.36b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688425's short term assets (CN¥17.0B) exceed its short term liabilities (CN¥8.8B).
Long Term Liabilities: 688425's short term assets (CN¥17.0B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 688425's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: 688425's debt to equity ratio has increased from 4.4% to 16.1% over the past 5 years.
Debt Coverage: 688425's debt is well covered by operating cash flow (25.7%).
Interest Coverage: 688425 earns more interest than it pays, so coverage of interest payments is not a concern.