China Communications Construction Balance Sheet Health
Financial Health criteria checks 3/6
China Communications Construction has a total shareholder equity of CN¥470.0B and total debt of CN¥608.8B, which brings its debt-to-equity ratio to 129.5%. Its total assets and total liabilities are CN¥1,818.4B and CN¥1,348.3B respectively. China Communications Construction's EBIT is CN¥41.1B making its interest coverage ratio -19.7. It has cash and short-term investments of CN¥150.2B.
Key information
129.5%
Debt to equity ratio
CN¥608.83b
Debt
Interest coverage ratio | -19.7x |
Cash | CN¥150.20b |
Equity | CN¥470.01b |
Total liabilities | CN¥1.35t |
Total assets | CN¥1.82t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CYY's short term assets (CN¥768.1B) do not cover its short term liabilities (CN¥824.0B).
Long Term Liabilities: CYY's short term assets (CN¥768.1B) exceed its long term liabilities (CN¥524.4B).
Debt to Equity History and Analysis
Debt Level: CYY's net debt to equity ratio (97.6%) is considered high.
Reducing Debt: CYY's debt to equity ratio has reduced from 132.6% to 129.5% over the past 5 years.
Debt Coverage: CYY's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CYY earns more interest than it pays, so coverage of interest payments is not a concern.