Hubei Chutian Smart CommunicationLtd Balance Sheet Health
Financial Health criteria checks 2/6
Hubei Chutian Smart CommunicationLtd has a total shareholder equity of CN¥9.9B and total debt of CN¥8.6B, which brings its debt-to-equity ratio to 86.4%. Its total assets and total liabilities are CN¥19.7B and CN¥9.8B respectively. Hubei Chutian Smart CommunicationLtd's EBIT is CN¥1.3B making its interest coverage ratio 7.6. It has cash and short-term investments of CN¥792.4M.
Key information
86.4%
Debt to equity ratio
CN¥8.57b
Debt
| Interest coverage ratio | 7.6x |
| Cash | CN¥792.38m |
| Equity | CN¥9.92b |
| Total liabilities | CN¥9.81b |
| Total assets | CN¥19.73b |
Recent financial health updates
Recent updates
The Market Doesn't Like What It Sees From Hubei Chutian Smart Communication Co.,Ltd.'s (SHSE:600035) Earnings Yet
Sep 26
Hubei Chutian Smart CommunicationLtd (SHSE:600035) Has More To Do To Multiply In Value Going Forward
Aug 02Hubei Chutian Smart Communication Co.,Ltd.'s (SHSE:600035) Subdued P/E Might Signal An Opportunity
Apr 17We Think Hubei Chutian Smart CommunicationLtd (SHSE:600035) Can Stay On Top Of Its Debt
Mar 19Financial Position Analysis
Short Term Liabilities: 600035's short term assets (CN¥1.3B) do not cover its short term liabilities (CN¥5.1B).
Long Term Liabilities: 600035's short term assets (CN¥1.3B) do not cover its long term liabilities (CN¥4.7B).
Debt to Equity History and Analysis
Debt Level: 600035's net debt to equity ratio (78.4%) is considered high.
Reducing Debt: 600035's debt to equity ratio has increased from 45.4% to 86.4% over the past 5 years.
Debt Coverage: 600035's debt is well covered by operating cash flow (21.7%).
Interest Coverage: 600035's interest payments on its debt are well covered by EBIT (7.6x coverage).