China Railway Group Balance Sheet Health
Financial Health criteria checks 2/6
China Railway Group has a total shareholder equity of CN¥489.6B and total debt of CN¥520.5B, which brings its debt-to-equity ratio to 106.3%. Its total assets and total liabilities are CN¥2,128.3B and CN¥1,638.7B respectively. China Railway Group's EBIT is CN¥47.5B making its interest coverage ratio 10.9. It has cash and short-term investments of CN¥195.0B.
Key information
106.3%
Debt to equity ratio
CN¥520.54b
Debt
| Interest coverage ratio | 10.9x |
| Cash | CN¥195.05b |
| Equity | CN¥489.56b |
| Total liabilities | CN¥1.64t |
| Total assets | CN¥2.13t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 390's short term assets (CN¥1,198.5B) do not cover its short term liabilities (CN¥1,226.1B).
Long Term Liabilities: 390's short term assets (CN¥1,198.5B) exceed its long term liabilities (CN¥412.6B).
Debt to Equity History and Analysis
Debt Level: 390's net debt to equity ratio (66.5%) is considered high.
Reducing Debt: 390's debt to equity ratio has increased from 103.9% to 106.3% over the past 5 years.
Debt Coverage: 390's debt is not well covered by operating cash flow (0.2%).
Interest Coverage: 390's interest payments on its debt are well covered by EBIT (10.9x coverage).