Chongqing road & bridgeltd Balance Sheet Health
Financial Health criteria checks 5/6
Chongqing road & bridgeltd has a total shareholder equity of CN¥4.7B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 34.8%. Its total assets and total liabilities are CN¥6.7B and CN¥2.0B respectively. Chongqing road & bridgeltd's EBIT is CN¥72.2M making its interest coverage ratio -0.5. It has cash and short-term investments of CN¥1.6B.
Key information
34.8%
Debt to equity ratio
CN¥1.64b
Debt
Interest coverage ratio | -0.5x |
Cash | CN¥1.60b |
Equity | CN¥4.71b |
Total liabilities | CN¥2.02b |
Total assets | CN¥6.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600106's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥624.7M).
Long Term Liabilities: 600106's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 600106's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: 600106's debt to equity ratio has reduced from 72.6% to 34.8% over the past 5 years.
Debt Coverage: 600106's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: 600106 earns more interest than it pays, so coverage of interest payments is not a concern.