Guangxi Nanning WaterworksLtd Balance Sheet Health
Financial Health criteria checks 0/6
Guangxi Nanning WaterworksLtd has a total shareholder equity of CN¥4.7B and total debt of CN¥14.0B, which brings its debt-to-equity ratio to 297.3%. Its total assets and total liabilities are CN¥21.5B and CN¥16.8B respectively. Guangxi Nanning WaterworksLtd's EBIT is CN¥536.1M making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥841.4M.
Key information
297.3%
Debt to equity ratio
CN¥13.97b
Debt
Interest coverage ratio | 1.2x |
Cash | CN¥841.44m |
Equity | CN¥4.70b |
Total liabilities | CN¥16.82b |
Total assets | CN¥21.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601368's short term assets (CN¥3.2B) do not cover its short term liabilities (CN¥4.9B).
Long Term Liabilities: 601368's short term assets (CN¥3.2B) do not cover its long term liabilities (CN¥11.9B).
Debt to Equity History and Analysis
Debt Level: 601368's net debt to equity ratio (279.4%) is considered high.
Reducing Debt: 601368's debt to equity ratio has increased from 141% to 297.3% over the past 5 years.
Debt Coverage: 601368's debt is not well covered by operating cash flow (3.1%).
Interest Coverage: 601368's interest payments on its debt are not well covered by EBIT (1.2x coverage).