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¥3.1B, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are CN¥34.5B and CN¥23.6B respectively. China West Construction Group's EBIT is CN¥970.8M making its interest coverage ratio 6.6. It has cash and short-term investments of CN¥2.2B.
Key information
28.3%
Debt to equity ratio
CN¥3.11b
Debt
Interest coverage ratio | 6.6x |
Cash | CN¥2.21b |
Equity | CN¥10.99b |
Total liabilities | CN¥23.55b |
Total assets | CN¥34.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002302's short term assets (CN¥29.1B) exceed its short term liabilities (CN¥21.6B).
Long Term Liabilities: 002302's short term assets (CN¥29.1B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 002302's net debt to equity ratio (8.1%) is considered satisfactory.
Reducing Debt: 002302's debt to equity ratio has reduced from 40.4% to 28.3% over the past 5 years.
Debt Coverage: 002302's debt is well covered by operating cash flow (24.4%).
Interest Coverage: 002302's interest payments on its debt are well covered by EBIT (6.6x coverage).