Chengdu Road & Bridge EngineeringLTD Balance Sheet Health
Financial Health criteria checks 2/6
Chengdu Road & Bridge EngineeringLTD has a total shareholder equity of CN¥3.1B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 49.5%. Its total assets and total liabilities are CN¥7.0B and CN¥3.9B respectively.
Key information
49.5%
Debt to equity ratio
CN¥1.52b
Debt
Interest coverage ratio | n/a |
Cash | CN¥191.86m |
Equity | CN¥3.07b |
Total liabilities | CN¥3.94b |
Total assets | CN¥7.01b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002628's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 002628's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 002628's net debt to equity ratio (43.2%) is considered high.
Reducing Debt: 002628's debt to equity ratio has increased from 34.7% to 49.5% over the past 5 years.
Debt Coverage: 002628's debt is not well covered by operating cash flow (3.7%).
Interest Coverage: Insufficient data to determine if 002628's interest payments on its debt are well covered by EBIT.