Chongqing Water GroupLtd Balance Sheet Health
Financial Health criteria checks 1/6
Chongqing Water GroupLtd has a total shareholder equity of CN¥16.8B and total debt of CN¥11.1B, which brings its debt-to-equity ratio to 65.9%. Its total assets and total liabilities are CN¥34.4B and CN¥17.6B respectively. Chongqing Water GroupLtd's EBIT is CN¥643.7M making its interest coverage ratio -10.1. It has cash and short-term investments of CN¥2.4B.
Key information
65.9%
Debt to equity ratio
CN¥11.07b
Debt
| Interest coverage ratio | -10.1x |
| Cash | CN¥2.43b |
| Equity | CN¥16.80b |
| Total liabilities | CN¥17.64b |
| Total assets | CN¥34.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601158's short term assets (CN¥5.8B) do not cover its short term liabilities (CN¥8.3B).
Long Term Liabilities: 601158's short term assets (CN¥5.8B) do not cover its long term liabilities (CN¥9.3B).
Debt to Equity History and Analysis
Debt Level: 601158's net debt to equity ratio (51.4%) is considered high.
Reducing Debt: 601158's debt to equity ratio has increased from 8.3% to 65.9% over the past 5 years.
Debt Coverage: 601158's debt is not well covered by operating cash flow (16%).
Interest Coverage: 601158 earns more interest than it pays, so coverage of interest payments is not a concern.