Zhongtian Construction (Hunan) Group Balance Sheet Health
Financial Health criteria checks 4/6
Zhongtian Construction (Hunan) Group has a total shareholder equity of CN¥512.5M and total debt of CN¥114.4M, which brings its debt-to-equity ratio to 22.3%. Its total assets and total liabilities are CN¥2.0B and CN¥1.5B respectively. Zhongtian Construction (Hunan) Group's EBIT is CN¥71.4M making its interest coverage ratio 9.8. It has cash and short-term investments of CN¥119.2M.
Key information
22.3%
Debt to equity ratio
CN¥114.39m
Debt
| Interest coverage ratio | 9.8x |
| Cash | CN¥119.25m |
| Equity | CN¥512.46m |
| Total liabilities | CN¥1.52b |
| Total assets | CN¥2.04b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2433's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 2433's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥7.5M).
Debt to Equity History and Analysis
Debt Level: 2433 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2433's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2433's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2433's interest payments on its debt are well covered by EBIT (9.8x coverage).