Changjiang Securities Balance Sheet Health
Financial Health criteria checks 3/6
Changjiang Securities has a total shareholder equity of CN¥34.1B and total debt of CN¥76.6B, which brings its debt-to-equity ratio to 224.5%. Its total assets and total liabilities are CN¥159.7B and CN¥125.6B respectively.
Key information
224.5%
Debt to equity ratio
CN¥76.61b
Debt
Interest coverage ratio | n/a |
Cash | CN¥67.50b |
Equity | CN¥34.12b |
Total liabilities | CN¥125.60b |
Total assets | CN¥159.71b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000783's short term assets (CN¥107.1B) exceed its short term liabilities (CN¥76.3B).
Long Term Liabilities: 000783's short term assets (CN¥107.1B) exceed its long term liabilities (CN¥49.3B).
Debt to Equity History and Analysis
Debt Level: 000783's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: 000783's debt to equity ratio has increased from 164.4% to 224.5% over the past 5 years.
Debt Coverage: 000783's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: Insufficient data to determine if 000783's interest payments on its debt are well covered by EBIT.