Chongqing Water GroupLtd Balance Sheet Health
Financial Health criteria checks 1/6
Chongqing Water GroupLtd has a total shareholder equity of CN¥17.1B and total debt of CN¥10.6B, which brings its debt-to-equity ratio to 61.9%. Its total assets and total liabilities are CN¥34.0B and CN¥16.9B respectively. Chongqing Water GroupLtd's EBIT is CN¥245.4M making its interest coverage ratio -5.4. It has cash and short-term investments of CN¥1.4B.
Key information
61.9%
Debt to equity ratio
CN¥10.62b
Debt
| Interest coverage ratio | -5.4x |
| Cash | CN¥1.43b |
| Equity | CN¥17.14b |
| Total liabilities | CN¥16.86b |
| Total assets | CN¥34.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601158's short term assets (CN¥5.0B) do not cover its short term liabilities (CN¥8.0B).
Long Term Liabilities: 601158's short term assets (CN¥5.0B) do not cover its long term liabilities (CN¥8.8B).
Debt to Equity History and Analysis
Debt Level: 601158's net debt to equity ratio (53.6%) is considered high.
Reducing Debt: 601158's debt to equity ratio has increased from 11.1% to 61.9% over the past 5 years.
Debt Coverage: 601158's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: 601158 earns more interest than it pays, so coverage of interest payments is not a concern.