China Communications Services Balance Sheet Health
Financial Health criteria checks 5/6
China Communications Services has a total shareholder equity of CN¥43.7B and total debt of CN¥861.1M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are CN¥121.8B and CN¥78.1B respectively. China Communications Services's EBIT is CN¥2.2B making its interest coverage ratio -2.9. It has cash and short-term investments of CN¥29.6B.
Key information
2.0%
Debt to equity ratio
CN¥861.06m
Debt
Interest coverage ratio | -2.9x |
Cash | CN¥29.58b |
Equity | CN¥43.67b |
Total liabilities | CN¥78.12b |
Total assets | CN¥121.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CMW's short term assets (CN¥97.0B) exceed its short term liabilities (CN¥76.2B).
Long Term Liabilities: CMW's short term assets (CN¥97.0B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: CMW has more cash than its total debt.
Reducing Debt: CMW's debt to equity ratio has increased from 1.4% to 2% over the past 5 years.
Debt Coverage: CMW's debt is well covered by operating cash flow (622.1%).
Interest Coverage: CMW earns more interest than it pays, so coverage of interest payments is not a concern.