China Resources Beer (Holdings) Balance Sheet Health
Financial Health criteria checks 4/6
China Resources Beer (Holdings) has a total shareholder equity of CN¥34.2B and total debt of CN¥5.1B, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are CN¥71.5B and CN¥37.4B respectively. China Resources Beer (Holdings)'s EBIT is CN¥4.8B making its interest coverage ratio -41.2. It has cash and short-term investments of CN¥5.5B.
Key information
15.0%
Debt to equity ratio
CN¥5.11b
Debt
Interest coverage ratio | -41.2x |
Cash | CN¥5.52b |
Equity | CN¥34.17b |
Total liabilities | CN¥37.35b |
Total assets | CN¥71.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHK's short term assets (CN¥17.1B) do not cover its short term liabilities (CN¥24.4B).
Long Term Liabilities: CHK's short term assets (CN¥17.1B) exceed its long term liabilities (CN¥13.0B).
Debt to Equity History and Analysis
Debt Level: CHK has more cash than its total debt.
Reducing Debt: CHK's debt to equity ratio has increased from 3.7% to 15% over the past 5 years.
Debt Coverage: CHK's debt is well covered by operating cash flow (81.2%).
Interest Coverage: CHK earns more interest than it pays, so coverage of interest payments is not a concern.