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¥377.4M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are CN¥4.2B and CN¥903.2M respectively. Hubei Three Gorges Tourism Group's EBIT is CN¥85.9M making its interest coverage ratio -1.1. It has cash and short-term investments of CN¥1.4B.
Key information
11.3%
Debt to equity ratio
CN¥377.41m
Debt
| Interest coverage ratio | -1.1x |
| Cash | CN¥1.38b |
| Equity | CN¥3.33b |
| Total liabilities | CN¥903.23m |
| Total assets | CN¥4.24b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002627's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥319.2M).
Long Term Liabilities: 002627's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥584.0M).
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 41.6% to 11.3% over the past 5 years.
Debt Coverage: 002627's debt is well covered by operating cash flow (89.9%).
Interest Coverage: 002627 earns more interest than it pays, so coverage of interest payments is not a concern.