Chongqing Water GroupLtd Balance Sheet Health
Financial Health criteria checks 1/6
Chongqing Water GroupLtd has a total shareholder equity of CN¥17.3B and total debt of CN¥9.9B, which brings its debt-to-equity ratio to 57.1%. Its total assets and total liabilities are CN¥33.9B and CN¥16.6B respectively. Chongqing Water GroupLtd's EBIT is CN¥869.5M making its interest coverage ratio -7.8. It has cash and short-term investments of CN¥2.4B.
Key information
57.1%
Debt to equity ratio
CN¥9.90b
Debt
Interest coverage ratio | -7.8x |
Cash | CN¥2.38b |
Equity | CN¥17.34b |
Total liabilities | CN¥16.59b |
Total assets | CN¥33.93b |
Recent financial health updates
No updates
Recent updates
Chongqing Water GroupLtd's (SHSE:601158) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 09This Chongqing Water Group Co.,Ltd. (SHSE:601158) Analyst Is Way More Bearish Than They Used To Be
Apr 08Chongqing Water Group Co.,Ltd. Just Missed EPS By 32%: Here's What Analysts Think Will Happen Next
Apr 05The Market Doesn't Like What It Sees From Chongqing Water Group Co.,Ltd.'s (SHSE:601158) Earnings Yet
Mar 22Financial Position Analysis
Short Term Liabilities: 601158's short term assets (CN¥5.6B) do not cover its short term liabilities (CN¥6.5B).
Long Term Liabilities: 601158's short term assets (CN¥5.6B) do not cover its long term liabilities (CN¥10.1B).
Debt to Equity History and Analysis
Debt Level: 601158's net debt to equity ratio (43.4%) is considered high.
Reducing Debt: 601158's debt to equity ratio has increased from 7.8% to 57.1% over the past 5 years.
Debt Coverage: 601158's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: 601158 earns more interest than it pays, so coverage of interest payments is not a concern.