Ping An Guangzhou Comm Invest Guanghe Expressway Balance Sheet Health
Financial Health criteria checks 4/6
Ping An Guangzhou Comm Invest Guanghe Expressway has a total shareholder equity of CN¥8.5B and total debt of CN¥975.0M, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are CN¥9.5B and CN¥1.0B respectively. Ping An Guangzhou Comm Invest Guanghe Expressway's EBIT is CN¥155.0M making its interest coverage ratio 4.2. It has cash and short-term investments of CN¥261.6M.
Key information
11.5%
Debt to equity ratio
CN¥975.01m
Debt
| Interest coverage ratio | 4.2x |
| Cash | CN¥261.58m |
| Equity | CN¥8.47b |
| Total liabilities | CN¥1.00b |
| Total assets | CN¥9.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 180201's short term assets (CN¥273.4M) exceed its short term liabilities (CN¥16.1M).
Long Term Liabilities: 180201's short term assets (CN¥273.4M) do not cover its long term liabilities (CN¥986.1M).
Debt to Equity History and Analysis
Debt Level: 180201's net debt to equity ratio (8.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 180201's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 180201's debt is well covered by operating cash flow (58.1%).
Interest Coverage: 180201's interest payments on its debt are well covered by EBIT (4.2x coverage).