China Union Holdings Balance Sheet Health
Financial Health criteria checks 6/6
China Union Holdings has a total shareholder equity of CN¥6.2B and total debt of CN¥586.8M, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are CN¥8.1B and CN¥1.9B respectively. China Union Holdings's EBIT is CN¥705.3M making its interest coverage ratio -13.5. It has cash and short-term investments of CN¥3.5B.
Key information
9.5%
Debt to equity ratio
CN¥586.80m
Debt
Interest coverage ratio | -13.5x |
Cash | CN¥3.50b |
Equity | CN¥6.15b |
Total liabilities | CN¥1.93b |
Total assets | CN¥8.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000036's short term assets (CN¥5.6B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 000036's short term assets (CN¥5.6B) exceed its long term liabilities (CN¥628.6M).
Debt to Equity History and Analysis
Debt Level: 000036 has more cash than its total debt.
Reducing Debt: 000036's debt to equity ratio has reduced from 29.1% to 9.5% over the past 5 years.
Debt Coverage: 000036's debt is well covered by operating cash flow (220.9%).
Interest Coverage: 000036 earns more interest than it pays, so coverage of interest payments is not a concern.