Chongqing road & bridgeltd Balance Sheet Health
Financial Health criteria checks 5/6
Chongqing road & bridgeltd has a total shareholder equity of CN¥4.9B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 31.4%. Its total assets and total liabilities are CN¥6.9B and CN¥2.0B respectively. Chongqing road & bridgeltd's EBIT is CN¥70.7M making its interest coverage ratio -0.5. It has cash and short-term investments of CN¥1.6B.
Key information
31.4%
Debt to equity ratio
CN¥1.54b
Debt
| Interest coverage ratio | -0.5x |
| Cash | CN¥1.57b |
| Equity | CN¥4.89b |
| Total liabilities | CN¥1.97b |
| Total assets | CN¥6.86b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600106's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥645.3M).
Long Term Liabilities: 600106's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 600106 has more cash than its total debt.
Reducing Debt: 600106's debt to equity ratio has reduced from 68.6% to 31.4% over the past 5 years.
Debt Coverage: 600106's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: 600106 earns more interest than it pays, so coverage of interest payments is not a concern.