Hubei Three Gorges Tourism Group Balance Sheet Health
Financial Health criteria checks 6/6
Hubei Three Gorges Tourism Group has a total shareholder equity of CN¥3.3B and total debt of CN¥381.8M, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are CN¥4.2B and CN¥842.0M respectively. Hubei Three Gorges Tourism Group's EBIT is CN¥63.6M making its interest coverage ratio -0.8. It has cash and short-term investments of CN¥1.4B.
Key information
11.5%
Debt to equity ratio
CN¥381.82m
Debt
Interest coverage ratio | -0.8x |
Cash | CN¥1.38b |
Equity | CN¥3.33b |
Total liabilities | CN¥842.02m |
Total assets | CN¥4.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002627's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥255.9M).
Long Term Liabilities: 002627's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥586.2M).
Debt to Equity History and Analysis
Debt Level: 002627 has more cash than its total debt.
Reducing Debt: 002627's debt to equity ratio has reduced from 40.9% to 11.5% over the past 5 years.
Debt Coverage: 002627's debt is well covered by operating cash flow (73.6%).
Interest Coverage: 002627 earns more interest than it pays, so coverage of interest payments is not a concern.