Chengdu Road & Bridge EngineeringLTD Balance Sheet Health
Financial Health criteria checks 3/6
Chengdu Road & Bridge EngineeringLTD has a total shareholder equity of CN¥3.0B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 50.1%. Its total assets and total liabilities are CN¥7.1B and CN¥4.1B respectively.
Key information
50.1%
Debt to equity ratio
CN¥1.53b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥332.51m |
| Equity | CN¥3.05b |
| Total liabilities | CN¥4.08b |
| Total assets | CN¥7.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002628's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 002628's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥1.8B).
Debt to Equity History and Analysis
Debt Level: 002628's net debt to equity ratio (39.1%) is considered satisfactory.
Reducing Debt: 002628's debt to equity ratio has increased from 35.9% to 50.1% over the past 5 years.
Debt Coverage: 002628's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002628's interest payments on its debt are well covered by EBIT.