China Railway Group Balance Sheet Health
Financial Health criteria checks 3/6
China Railway Group has a total shareholder equity of CN¥459.9B and total debt of CN¥420.2B, which brings its debt-to-equity ratio to 91.4%. Its total assets and total liabilities are CN¥1,829.4B and CN¥1,369.5B respectively. China Railway Group's EBIT is CN¥53.7B making its interest coverage ratio 15. It has cash and short-term investments of CN¥243.4B.
Key information
91.4%
Debt to equity ratio
CN¥420.17b
Debt
| Interest coverage ratio | 15x |
| Cash | CN¥243.39b |
| Equity | CN¥459.90b |
| Total liabilities | CN¥1.37t |
| Total assets | CN¥1.83t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601390's short term assets (CN¥1,005.7B) do not cover its short term liabilities (CN¥1,010.6B).
Long Term Liabilities: 601390's short term assets (CN¥1,005.7B) exceed its long term liabilities (CN¥358.9B).
Debt to Equity History and Analysis
Debt Level: 601390's net debt to equity ratio (38.4%) is considered satisfactory.
Reducing Debt: 601390's debt to equity ratio has increased from 86% to 91.4% over the past 5 years.
Debt Coverage: 601390's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: 601390's interest payments on its debt are well covered by EBIT (15x coverage).