Sichuan Road & Bridge GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Sichuan Road & Bridge GroupLtd has a total shareholder equity of CN¥51.3B and total debt of CN¥87.9B, which brings its debt-to-equity ratio to 171.5%. Its total assets and total liabilities are CN¥250.7B and CN¥199.4B respectively. Sichuan Road & Bridge GroupLtd's EBIT is CN¥10.5B making its interest coverage ratio 3.9. It has cash and short-term investments of CN¥17.9B.
Key information
171.5%
Debt to equity ratio
CN¥87.91b
Debt
| Interest coverage ratio | 3.9x |
| Cash | CN¥17.91b |
| Equity | CN¥51.27b |
| Total liabilities | CN¥199.44b |
| Total assets | CN¥250.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600039's short term assets (CN¥150.4B) exceed its short term liabilities (CN¥124.5B).
Long Term Liabilities: 600039's short term assets (CN¥150.4B) exceed its long term liabilities (CN¥75.0B).
Debt to Equity History and Analysis
Debt Level: 600039's net debt to equity ratio (136.5%) is considered high.
Reducing Debt: 600039's debt to equity ratio has reduced from 259.1% to 171.5% over the past 5 years.
Debt Coverage: 600039's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600039's interest payments on its debt are well covered by EBIT (3.9x coverage).