Guangdong Construction Engineering Group Balance Sheet Health
Financial Health criteria checks 4/6
Guangdong Construction Engineering Group has a total shareholder equity of CN¥14.4B and total debt of CN¥33.0B, which brings its debt-to-equity ratio to 229.8%. Its total assets and total liabilities are CN¥131.7B and CN¥117.3B respectively. Guangdong Construction Engineering Group's EBIT is CN¥2.4B making its interest coverage ratio 3.4. It has cash and short-term investments of CN¥17.5B.
Key information
229.8%
Debt to equity ratio
CN¥33.00b
Debt
| Interest coverage ratio | 3.4x |
| Cash | CN¥17.46b |
| Equity | CN¥14.36b |
| Total liabilities | CN¥117.32b |
| Total assets | CN¥131.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002060's short term assets (CN¥94.2B) exceed its short term liabilities (CN¥93.2B).
Long Term Liabilities: 002060's short term assets (CN¥94.2B) exceed its long term liabilities (CN¥24.2B).
Debt to Equity History and Analysis
Debt Level: 002060's net debt to equity ratio (108.2%) is considered high.
Reducing Debt: 002060's debt to equity ratio has reduced from 367.9% to 229.8% over the past 5 years.
Debt Coverage: 002060's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: 002060's interest payments on its debt are well covered by EBIT (3.4x coverage).