Long Yuan Construction Group Balance Sheet Health
Financial Health criteria checks 2/6
Long Yuan Construction Group has a total shareholder equity of CN¥11.9B and total debt of CN¥23.3B, which brings its debt-to-equity ratio to 195.2%. Its total assets and total liabilities are CN¥57.2B and CN¥45.2B respectively. Long Yuan Construction Group's EBIT is CN¥745.9M making its interest coverage ratio 0.5. It has cash and short-term investments of CN¥1.4B.
Key information
195.2%
Debt to equity ratio
CN¥23.30b
Debt
Interest coverage ratio | 0.5x |
Cash | CN¥1.37b |
Equity | CN¥11.93b |
Total liabilities | CN¥45.24b |
Total assets | CN¥57.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600491's short term assets (CN¥30.4B) exceed its short term liabilities (CN¥27.7B).
Long Term Liabilities: 600491's short term assets (CN¥30.4B) exceed its long term liabilities (CN¥17.5B).
Debt to Equity History and Analysis
Debt Level: 600491's net debt to equity ratio (183.7%) is considered high.
Reducing Debt: 600491's debt to equity ratio has increased from 127.8% to 195.2% over the past 5 years.
Debt Coverage: 600491's debt is not well covered by operating cash flow (7.3%).
Interest Coverage: 600491's interest payments on its debt are not well covered by EBIT (0.5x coverage).