CITIC Guoan Information Industry Balance Sheet Health
Financial Health criteria checks 2/6
CITIC Guoan Information Industry has a total shareholder equity of CN¥726.2M and total debt of CN¥2.5B, which brings its debt-to-equity ratio to 348.9%. Its total assets and total liabilities are CN¥6.2B and CN¥5.4B respectively. CITIC Guoan Information Industry's EBIT is CN¥282.6M making its interest coverage ratio 2.2. It has cash and short-term investments of CN¥392.4M.
Key information
348.9%
Debt to equity ratio
CN¥2.53b
Debt
| Interest coverage ratio | 2.2x |
| Cash | CN¥392.38m |
| Equity | CN¥726.19m |
| Total liabilities | CN¥5.43b |
| Total assets | CN¥6.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000839's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 000839's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥2.9B).
Debt to Equity History and Analysis
Debt Level: 000839's net debt to equity ratio (294.8%) is considered high.
Reducing Debt: 000839's debt to equity ratio has increased from 48.1% to 348.9% over the past 5 years.
Debt Coverage: 000839's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000839's interest payments on its debt are not well covered by EBIT (2.2x coverage).