China Merchants Expressway Network & Technology HoldingsLtd Balance Sheet Health
Financial Health criteria checks 1/6
China Merchants Expressway Network & Technology HoldingsLtd has a total shareholder equity of CN¥87.8B and total debt of CN¥57.6B, which brings its debt-to-equity ratio to 65.6%. Its total assets and total liabilities are CN¥157.9B and CN¥70.1B respectively. China Merchants Expressway Network & Technology HoldingsLtd's EBIT is CN¥2.9B making its interest coverage ratio -0.6. It has cash and short-term investments of CN¥9.0B.
Key information
65.6%
Debt to equity ratio
CN¥57.56b
Debt
| Interest coverage ratio | -0.6x |
| Cash | CN¥9.04b |
| Equity | CN¥87.76b |
| Total liabilities | CN¥70.14b |
| Total assets | CN¥157.90b |
Recent financial health updates
Recent updates
China Merchants Expressway Network & Technology Holdings Co.,Ltd.'s (SZSE:001965) Intrinsic Value Is Potentially 25% Below Its Share Price
Apr 30
China Merchants Expressway Network & Technology HoldingsLtd's (SZSE:001965) Earnings Are Of Questionable Quality
Apr 10Here's Why China Merchants Expressway Network & Technology HoldingsLtd (SZSE:001965) Can Manage Its Debt Responsibly
Mar 19Is Now The Time To Put China Merchants Expressway Network & Technology HoldingsLtd (SZSE:001965) On Your Watchlist?
Feb 27Financial Position Analysis
Short Term Liabilities: 001965's short term assets (CN¥14.7B) do not cover its short term liabilities (CN¥15.7B).
Long Term Liabilities: 001965's short term assets (CN¥14.7B) do not cover its long term liabilities (CN¥54.4B).
Debt to Equity History and Analysis
Debt Level: 001965's net debt to equity ratio (55.3%) is considered high.
Reducing Debt: 001965's debt to equity ratio has increased from 49.3% to 65.6% over the past 5 years.
Debt Coverage: 001965's debt is not well covered by operating cash flow (9%).
Interest Coverage: 001965 earns more interest than it pays, so coverage of interest payments is not a concern.