China Conch Venture Holdings Balance Sheet Health
Financial Health criteria checks 1/6
China Conch Venture Holdings has a total shareholder equity of CN¥48.5B and total debt of CN¥28.1B, which brings its debt-to-equity ratio to 58%. Its total assets and total liabilities are CN¥81.9B and CN¥33.4B respectively. China Conch Venture Holdings's EBIT is CN¥1.6B making its interest coverage ratio 2.5. It has cash and short-term investments of CN¥3.6B.
Key information
58.0%
Debt to equity ratio
CN¥28.13b
Debt
| Interest coverage ratio | 2.5x |
| Cash | CN¥3.62b |
| Equity | CN¥48.51b |
| Total liabilities | CN¥33.40b |
| Total assets | CN¥81.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 586's short term assets (CN¥8.2B) exceed its short term liabilities (CN¥6.6B).
Long Term Liabilities: 586's short term assets (CN¥8.2B) do not cover its long term liabilities (CN¥26.8B).
Debt to Equity History and Analysis
Debt Level: 586's net debt to equity ratio (50.5%) is considered high.
Reducing Debt: 586's debt to equity ratio has increased from 19.3% to 58% over the past 5 years.
Debt Coverage: 586's debt is not well covered by operating cash flow (7.1%).
Interest Coverage: 586's interest payments on its debt are not well covered by EBIT (2.5x coverage).