Hunan Chendian International Developmentco.ltd Balance Sheet Health
Financial Health criteria checks 0/6
Hunan Chendian International Developmentco.ltd has a total shareholder equity of CN¥3.8B and total debt of CN¥7.1B, which brings its debt-to-equity ratio to 184.9%. Its total assets and total liabilities are CN¥15.2B and CN¥11.4B respectively. Hunan Chendian International Developmentco.ltd's EBIT is CN¥81.0M making its interest coverage ratio 0.6. It has cash and short-term investments of CN¥1.4B.
Key information
184.9%
Debt to equity ratio
CN¥7.09b
Debt
Interest coverage ratio | 0.6x |
Cash | CN¥1.35b |
Equity | CN¥3.83b |
Total liabilities | CN¥11.36b |
Total assets | CN¥15.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600969's short term assets (CN¥3.2B) do not cover its short term liabilities (CN¥3.8B).
Long Term Liabilities: 600969's short term assets (CN¥3.2B) do not cover its long term liabilities (CN¥7.6B).
Debt to Equity History and Analysis
Debt Level: 600969's net debt to equity ratio (149.6%) is considered high.
Reducing Debt: 600969's debt to equity ratio has increased from 179.4% to 184.9% over the past 5 years.
Debt Coverage: 600969's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: 600969's interest payments on its debt are not well covered by EBIT (0.6x coverage).