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¥86.8B and total debt of CN¥59.5B, which brings its debt-to-equity ratio to 68.6%. Its total assets and total liabilities are CN¥159.0B and CN¥72.2B respectively. China Merchants Expressway Network & Technology HoldingsLtd's EBIT is CN¥3.4B making its interest coverage ratio -0.8. It has cash and short-term investments of CN¥6.6B.
Key information
68.6%
Debt to equity ratio
CN¥59.49b
Debt
| Interest coverage ratio | -0.8x |
| Cash | CN¥6.60b |
| Equity | CN¥86.76b |
| Total liabilities | CN¥72.21b |
| Total assets | CN¥158.97b |
Recent financial health updates
China Merchants Expressway Network & Technology HoldingsLtd (SZSE:001965) Has A Pretty Healthy Balance Sheet
Oct 27
China Merchants Expressway Network & Technology HoldingsLtd (SZSE:001965) Has A Pretty Healthy Balance Sheet
Jul 19Here's Why China Merchants Expressway Network & Technology HoldingsLtd (SZSE:001965) Can Manage Its Debt Responsibly
Mar 19Recent updates
China Merchants Expressway Network & Technology HoldingsLtd's (SZSE:001965) Profits May Not Reveal Underlying Issues
Nov 06China Merchants Expressway Network & Technology HoldingsLtd (SZSE:001965) Has A Pretty Healthy Balance Sheet
Oct 27Estimating The Intrinsic Value Of China Merchants Expressway Network & Technology Holdings Co.,Ltd. (SZSE:001965)
Aug 30We Ran A Stock Scan For Earnings Growth And China Merchants Expressway Network & Technology HoldingsLtd (SZSE:001965) Passed With Ease
Aug 13China Merchants Expressway Network & Technology HoldingsLtd's (SZSE:001965) Upcoming Dividend Will Be Larger Than Last Year's
Jul 25China Merchants Expressway Network & Technology HoldingsLtd (SZSE:001965) Has A Pretty Healthy Balance Sheet
Jul 19China Merchants Expressway Network & Technology Holdings Co.,Ltd. (SZSE:001965) Looks Inexpensive But Perhaps Not Attractive Enough
Jul 01China Merchants Expressway Network & Technology Holdings Co.,Ltd.'s (SZSE:001965) Intrinsic Value Is Potentially 25% Below Its Share Price
Apr 30China 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¥12.8B) do not cover its short term liabilities (CN¥15.0B).
Long Term Liabilities: 001965's short term assets (CN¥12.8B) do not cover its long term liabilities (CN¥57.3B).
Debt to Equity History and Analysis
Debt Level: 001965's net debt to equity ratio (61%) is considered high.
Reducing Debt: 001965's debt to equity ratio has increased from 48.8% to 68.6% over the past 5 years.
Debt Coverage: 001965's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: 001965 earns more interest than it pays, so coverage of interest payments is not a concern.