Hefei Urban Construction Development Balance Sheet Health
Financial Health criteria checks 4/6
Hefei Urban Construction Development has a total shareholder equity of CN¥10.6B and total debt of CN¥9.2B, which brings its debt-to-equity ratio to 86.9%. Its total assets and total liabilities are CN¥38.4B and CN¥27.8B respectively. Hefei Urban Construction Development's EBIT is CN¥909.7M making its interest coverage ratio 92.8. It has cash and short-term investments of CN¥4.0B.
Key information
86.9%
Debt to equity ratio
CN¥9.25b
Debt
Interest coverage ratio | 92.8x |
Cash | CN¥3.98b |
Equity | CN¥10.64b |
Total liabilities | CN¥27.80b |
Total assets | CN¥38.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002208's short term assets (CN¥35.2B) exceed its short term liabilities (CN¥19.2B).
Long Term Liabilities: 002208's short term assets (CN¥35.2B) exceed its long term liabilities (CN¥8.6B).
Debt to Equity History and Analysis
Debt Level: 002208's net debt to equity ratio (49.5%) is considered high.
Reducing Debt: 002208's debt to equity ratio has reduced from 122.1% to 86.9% over the past 5 years.
Debt Coverage: 002208's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002208's interest payments on its debt are well covered by EBIT (92.8x coverage).