China West Construction Group Balance Sheet Health
Financial Health criteria checks 6/6
China West Construction Group has a total shareholder equity of CN¥11.0B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are CN¥36.0B and CN¥25.0B respectively. China West Construction Group's EBIT is CN¥563.6M making its interest coverage ratio 4.7. It has cash and short-term investments of CN¥2.0B.
Key information
24.2%
Debt to equity ratio
CN¥2.66b
Debt
| Interest coverage ratio | 4.7x |
| Cash | CN¥2.04b |
| Equity | CN¥11.00b |
| Total liabilities | CN¥25.02b |
| Total assets | CN¥36.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002302's short term assets (CN¥30.5B) exceed its short term liabilities (CN¥22.7B).
Long Term Liabilities: 002302's short term assets (CN¥30.5B) exceed its long term liabilities (CN¥2.3B).
Debt to Equity History and Analysis
Debt Level: 002302's net debt to equity ratio (5.7%) is considered satisfactory.
Reducing Debt: 002302's debt to equity ratio has reduced from 42.5% to 24.2% over the past 5 years.
Debt Coverage: 002302's debt is well covered by operating cash flow (36.8%).
Interest Coverage: 002302's interest payments on its debt are well covered by EBIT (4.7x coverage).