China Communications Services Balance Sheet Health
Financial Health criteria checks 5/6
China Communications Services has a total shareholder equity of CN¥44.8B and total debt of CN¥878.8M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are CN¥128.2B and CN¥83.4B respectively. China Communications Services's EBIT is CN¥2.3B making its interest coverage ratio -3. It has cash and short-term investments of CN¥24.7B.
Key information
2.0%
Debt to equity ratio
CN¥878.82m
Debt
| Interest coverage ratio | -3x |
| Cash | CN¥24.68b |
| Equity | CN¥44.85b |
| Total liabilities | CN¥83.35b |
| Total assets | CN¥128.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 552's short term assets (CN¥102.0B) exceed its short term liabilities (CN¥81.3B).
Long Term Liabilities: 552's short term assets (CN¥102.0B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 552 has more cash than its total debt.
Reducing Debt: 552's debt to equity ratio has increased from 1.4% to 2% over the past 5 years.
Debt Coverage: 552's debt is well covered by operating cash flow (468.3%).
Interest Coverage: 552 earns more interest than it pays, so coverage of interest payments is not a concern.