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¥953.1M, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are CN¥9.2B and CN¥987.5M respectively. Ping An Guangzhou Comm Invest Guanghe Expressway's EBIT is CN¥292.6M making its interest coverage ratio 8.6. It has cash and short-term investments of CN¥123.9M.
Key information
11.7%
Debt to equity ratio
CN¥953.14m
Debt
Interest coverage ratio | 8.6x |
Cash | CN¥123.85m |
Equity | CN¥8.17b |
Total liabilities | CN¥987.54m |
Total assets | CN¥9.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 180201's short term assets (CN¥140.2M) exceed its short term liabilities (CN¥23.8M).
Long Term Liabilities: 180201's short term assets (CN¥140.2M) do not cover its long term liabilities (CN¥963.7M).
Debt to Equity History and Analysis
Debt Level: 180201's net debt to equity ratio (10.1%) 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 (65%).
Interest Coverage: 180201's interest payments on its debt are well covered by EBIT (8.6x coverage).