Beijing-Shanghai High-Speed Railway Balance Sheet Health
Financial Health criteria checks 3/6
Beijing-Shanghai High-Speed Railway has a total shareholder equity of CN¥215.5B and total debt of CN¥68.6B, which brings its debt-to-equity ratio to 31.8%. Its total assets and total liabilities are CN¥292.4B and CN¥76.9B respectively. Beijing-Shanghai High-Speed Railway's EBIT is CN¥13.3B making its interest coverage ratio 5.2. It has cash and short-term investments of CN¥10.6B.
Key information
31.8%
Debt to equity ratio
CN¥68.64b
Debt
| Interest coverage ratio | 5.2x |
| Cash | CN¥10.57b |
| Equity | CN¥215.52b |
| Total liabilities | CN¥76.91b |
| Total assets | CN¥292.43b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 601816's short term assets (CN¥12.8B) do not cover its short term liabilities (CN¥18.1B).
Long Term Liabilities: 601816's short term assets (CN¥12.8B) do not cover its long term liabilities (CN¥58.8B).
Debt to Equity History and Analysis
Debt Level: 601816's net debt to equity ratio (26.9%) is considered satisfactory.
Reducing Debt: 601816's debt to equity ratio has increased from 17.3% to 31.8% over the past 5 years.
Debt Coverage: 601816's debt is well covered by operating cash flow (26%).
Interest Coverage: 601816's interest payments on its debt are well covered by EBIT (5.2x coverage).