Shenzhen Centralcon Investment Holding Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Centralcon Investment Holding has a total shareholder equity of CN¥5.0B and total debt of CN¥8.6B, which brings its debt-to-equity ratio to 171%. Its total assets and total liabilities are CN¥30.8B and CN¥25.8B respectively.
Key information
171.0%
Debt to equity ratio
CN¥8.61b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.22b |
| Equity | CN¥5.04b |
| Total liabilities | CN¥25.78b |
| Total assets | CN¥30.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000042's short term assets (CN¥25.5B) exceed its short term liabilities (CN¥15.3B).
Long Term Liabilities: 000042's short term assets (CN¥25.5B) exceed its long term liabilities (CN¥10.5B).
Debt to Equity History and Analysis
Debt Level: 000042's net debt to equity ratio (126.9%) is considered high.
Reducing Debt: 000042's debt to equity ratio has increased from 169.6% to 171% over the past 5 years.
Debt Coverage: 000042's debt is well covered by operating cash flow (40.3%).
Interest Coverage: Insufficient data to determine if 000042's interest payments on its debt are well covered by EBIT.