Hebei Construction Group Balance Sheet Health
Financial Health criteria checks 3/6
Hebei Construction Group has a total shareholder equity of CN¥6.4B and total debt of CN¥5.9B, which brings its debt-to-equity ratio to 93.6%. Its total assets and total liabilities are CN¥61.7B and CN¥55.3B respectively. Hebei Construction Group's EBIT is CN¥543.2M making its interest coverage ratio 1.8. It has cash and short-term investments of CN¥6.2B.
Key information
93.6%
Debt to equity ratio
CN¥5.95b
Debt
| Interest coverage ratio | 1.8x |
| Cash | CN¥6.16b |
| Equity | CN¥6.36b |
| Total liabilities | CN¥55.30b |
| Total assets | CN¥61.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: H9D's short term assets (CN¥55.1B) exceed its short term liabilities (CN¥52.1B).
Long Term Liabilities: H9D's short term assets (CN¥55.1B) exceed its long term liabilities (CN¥3.2B).
Debt to Equity History and Analysis
Debt Level: H9D has more cash than its total debt.
Reducing Debt: H9D's debt to equity ratio has increased from 72% to 93.6% over the past 5 years.
Debt Coverage: H9D's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: H9D's interest payments on its debt are not well covered by EBIT (1.8x coverage).