CCCC Design & Consulting Group Balance Sheet Health
Financial Health criteria checks 5/6
CCCC Design & Consulting Group has a total shareholder equity of CN¥12.8B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are CN¥27.5B and CN¥14.7B respectively. CCCC Design & Consulting Group's EBIT is CN¥2.0B making its interest coverage ratio -11.8. It has cash and short-term investments of CN¥6.4B.
Key information
8.9%
Debt to equity ratio
CN¥1.14b
Debt
Interest coverage ratio | -11.8x |
Cash | CN¥6.41b |
Equity | CN¥12.80b |
Total liabilities | CN¥14.69b |
Total assets | CN¥27.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600720's short term assets (CN¥17.9B) exceed its short term liabilities (CN¥11.6B).
Long Term Liabilities: 600720's short term assets (CN¥17.9B) exceed its long term liabilities (CN¥3.0B).
Debt to Equity History and Analysis
Debt Level: 600720 has more cash than its total debt.
Reducing Debt: 600720's debt to equity ratio has reduced from 22.4% to 8.9% over the past 5 years.
Debt Coverage: 600720's debt is not well covered by operating cash flow (0.9%).
Interest Coverage: 600720 earns more interest than it pays, so coverage of interest payments is not a concern.