China Communications Construction Balance Sheet Health
Financial Health criteria checks 2/6
China Communications Construction has a total shareholder equity of CN¥472.0B and total debt of CN¥648.3B, which brings its debt-to-equity ratio to 137.3%. Its total assets and total liabilities are CN¥1,902.3B and CN¥1,430.3B respectively. China Communications Construction's EBIT is CN¥39.0B making its interest coverage ratio -11.1. It has cash and short-term investments of CN¥160.2B.
Key information
137.3%
Debt to equity ratio
CN¥648.29b
Debt
| Interest coverage ratio | -11.1x |
| Cash | CN¥160.18b |
| Equity | CN¥472.03b |
| Total liabilities | CN¥1.43t |
| Total assets | CN¥1.90t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1800's short term assets (CN¥826.3B) do not cover its short term liabilities (CN¥894.7B).
Long Term Liabilities: 1800's short term assets (CN¥826.3B) exceed its long term liabilities (CN¥535.6B).
Debt to Equity History and Analysis
Debt Level: 1800's net debt to equity ratio (103.4%) is considered high.
Reducing Debt: 1800's debt to equity ratio has increased from 137.1% to 137.3% over the past 5 years.
Debt Coverage: 1800's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1800 earns more interest than it pays, so coverage of interest payments is not a concern.