Zhongtian Construction (Hunan) Group Balance Sheet Health
Financial Health criteria checks 4/6
Zhongtian Construction (Hunan) Group has a total shareholder equity of CN¥503.6M and total debt of CN¥115.4M, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are CN¥2.2B and CN¥1.7B respectively. Zhongtian Construction (Hunan) Group's EBIT is CN¥10.2M making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥218.6M.
Key information
22.9%
Debt to equity ratio
CN¥115.42m
Debt
| Interest coverage ratio | 1.6x |
| Cash | CN¥218.57m |
| Equity | CN¥503.56m |
| Total liabilities | CN¥1.74b |
| Total assets | CN¥2.24b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2433's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 2433's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥8.5M).
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 debt is well covered by operating cash flow (30.8%).
Interest Coverage: 2433's interest payments on its debt are not well covered by EBIT (1.6x coverage).