China National Building Material Balance Sheet Health
Financial Health criteria checks 2/6
China National Building Material has a total shareholder equity of CN¥193.5B and total debt of CN¥184.9B, which brings its debt-to-equity ratio to 95.6%. Its total assets and total liabilities are CN¥488.9B and CN¥295.4B respectively. China National Building Material's EBIT is CN¥12.6B making its interest coverage ratio 2.5. It has cash and short-term investments of CN¥37.4B.
Key information
95.6%
Debt to equity ratio
CN¥184.91b
Debt
Interest coverage ratio | 2.5x |
Cash | CN¥37.37b |
Equity | CN¥193.51b |
Total liabilities | CN¥295.38b |
Total assets | CN¥488.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: D1Y's short term assets (CN¥148.5B) do not cover its short term liabilities (CN¥176.8B).
Long Term Liabilities: D1Y's short term assets (CN¥148.5B) exceed its long term liabilities (CN¥118.6B).
Debt to Equity History and Analysis
Debt Level: D1Y's net debt to equity ratio (76.2%) is considered high.
Reducing Debt: D1Y's debt to equity ratio has reduced from 148.3% to 95.6% over the past 5 years.
Debt Coverage: D1Y's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: D1Y's interest payments on its debt are not well covered by EBIT (2.5x coverage).