China Zhonghua Geotechnical Engineering Group Balance Sheet Health
Financial Health criteria checks 2/6
China Zhonghua Geotechnical Engineering Group has a total shareholder equity of CN¥2.2B and total debt of CN¥3.1B, which brings its debt-to-equity ratio to 145%. Its total assets and total liabilities are CN¥7.8B and CN¥5.6B respectively.
Key information
145.0%
Debt to equity ratio
CN¥3.13b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥597.41m |
| Equity | CN¥2.16b |
| Total liabilities | CN¥5.59b |
| Total assets | CN¥7.76b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 002542's short term assets (CN¥5.5B) exceed its short term liabilities (CN¥3.7B).
Long Term Liabilities: 002542's short term assets (CN¥5.5B) exceed its long term liabilities (CN¥1.8B).
Debt to Equity History and Analysis
Debt Level: 002542's net debt to equity ratio (117.4%) is considered high.
Reducing Debt: 002542's debt to equity ratio has increased from 58% to 145% over the past 5 years.
Debt Coverage: 002542's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002542's interest payments on its debt are well covered by EBIT.