Shaanxi Construction Engineering Group Balance Sheet Health
Financial Health criteria checks 3/6
Shaanxi Construction Engineering Group has a total shareholder equity of CN¥38.3B and total debt of CN¥44.1B, which brings its debt-to-equity ratio to 115.1%. Its total assets and total liabilities are CN¥333.9B and CN¥295.6B respectively. Shaanxi Construction Engineering Group's EBIT is CN¥7.7B making its interest coverage ratio 4.5. It has cash and short-term investments of CN¥23.6B.
Key information
115.1%
Debt to equity ratio
CN¥44.08b
Debt
Interest coverage ratio | 4.5x |
Cash | CN¥23.59b |
Equity | CN¥38.28b |
Total liabilities | CN¥295.62b |
Total assets | CN¥333.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600248's short term assets (CN¥291.2B) exceed its short term liabilities (CN¥269.0B).
Long Term Liabilities: 600248's short term assets (CN¥291.2B) exceed its long term liabilities (CN¥26.6B).
Debt to Equity History and Analysis
Debt Level: 600248's net debt to equity ratio (53.5%) is considered high.
Reducing Debt: 600248's debt to equity ratio has increased from 60.8% to 115.1% over the past 5 years.
Debt Coverage: 600248's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600248's interest payments on its debt are well covered by EBIT (4.5x coverage).