Anhui Gourgen Traffic ConstructionLtd Balance Sheet Health
Financial Health criteria checks 4/6
Anhui Gourgen Traffic ConstructionLtd has a total shareholder equity of CN¥2.4B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 68.2%. Its total assets and total liabilities are CN¥10.3B and CN¥7.9B respectively. Anhui Gourgen Traffic ConstructionLtd's EBIT is CN¥303.9M making its interest coverage ratio 5.9. It has cash and short-term investments of CN¥950.6M.
Key information
68.2%
Debt to equity ratio
CN¥1.66b
Debt
| Interest coverage ratio | 5.9x |
| Cash | CN¥950.61m |
| Equity | CN¥2.44b |
| Total liabilities | CN¥7.89b |
| Total assets | CN¥10.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603815's short term assets (CN¥7.3B) exceed its short term liabilities (CN¥6.8B).
Long Term Liabilities: 603815's short term assets (CN¥7.3B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 603815's net debt to equity ratio (29.2%) is considered satisfactory.
Reducing Debt: 603815's debt to equity ratio has increased from 64.9% to 68.2% over the past 5 years.
Debt Coverage: 603815's debt is not well covered by operating cash flow (2.6%).
Interest Coverage: 603815's interest payments on its debt are well covered by EBIT (5.9x coverage).