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¥8.2B and total debt of CN¥931.0M, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are CN¥9.1B and CN¥971.1M respectively. Ping An Guangzhou Comm Invest Guanghe Expressway's EBIT is CN¥273.1M making its interest coverage ratio 8.8. It has cash and short-term investments of CN¥265.7M.
Key information
11.4%
Debt to equity ratio
CN¥931.02m
Debt
| Interest coverage ratio | 8.8x |
| Cash | CN¥265.68m |
| Equity | CN¥8.18b |
| Total liabilities | CN¥971.06m |
| Total assets | CN¥9.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 180201's short term assets (CN¥280.0M) exceed its short term liabilities (CN¥29.2M).
Long Term Liabilities: 180201's short term assets (CN¥280.0M) do not cover its long term liabilities (CN¥941.9M).
Debt to Equity History and Analysis
Debt Level: 180201's net debt to equity ratio (8.1%) 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 (66.9%).
Interest Coverage: 180201's interest payments on its debt are well covered by EBIT (8.8x coverage).