Gansu Engineering Consulting Group Balance Sheet Health
Financial Health criteria checks 6/6
Gansu Engineering Consulting Group has a total shareholder equity of CN¥3.7B and total debt of CN¥44.1M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are CN¥5.1B and CN¥1.4B respectively. Gansu Engineering Consulting Group's EBIT is CN¥248.2M making its interest coverage ratio -9.1. It has cash and short-term investments of CN¥1.7B.
Key information
1.2%
Debt to equity ratio
CN¥44.10m
Debt
Interest coverage ratio | -9.1x |
Cash | CN¥1.65b |
Equity | CN¥3.70b |
Total liabilities | CN¥1.42b |
Total assets | CN¥5.12b |
Financial Position Analysis
Short Term Liabilities: 000779's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 000779's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥193.7M).
Debt to Equity History and Analysis
Debt Level: 000779 has more cash than its total debt.
Reducing Debt: 000779's debt to equity ratio has reduced from 14.3% to 1.2% over the past 5 years.
Debt Coverage: 000779's debt is well covered by operating cash flow (84.4%).
Interest Coverage: 000779 earns more interest than it pays, so coverage of interest payments is not a concern.