Hubei Chutian Smart CommunicationLtd Balance Sheet Health
Financial Health criteria checks 2/6
Hubei Chutian Smart CommunicationLtd has a total shareholder equity of CN¥9.8B and total debt of CN¥9.4B, which brings its debt-to-equity ratio to 95.2%. Its total assets and total liabilities are CN¥20.4B and CN¥10.6B respectively. Hubei Chutian Smart CommunicationLtd's EBIT is CN¥1.4B making its interest coverage ratio 6.7. It has cash and short-term investments of CN¥2.6B.
Key information
95.2%
Debt to equity ratio
CN¥9.36b
Debt
Interest coverage ratio | 6.7x |
Cash | CN¥2.56b |
Equity | CN¥9.83b |
Total liabilities | CN¥10.60b |
Total assets | CN¥20.43b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600035's short term assets (CN¥3.0B) do not cover its short term liabilities (CN¥4.9B).
Long Term Liabilities: 600035's short term assets (CN¥3.0B) do not cover its long term liabilities (CN¥5.7B).
Debt to Equity History and Analysis
Debt Level: 600035's net debt to equity ratio (69.2%) is considered high.
Reducing Debt: 600035's debt to equity ratio has increased from 49.7% to 95.2% over the past 5 years.
Debt Coverage: 600035's debt is well covered by operating cash flow (20.8%).
Interest Coverage: 600035's interest payments on its debt are well covered by EBIT (6.7x coverage).