China National Building Material Balance Sheet Health
Financial Health criteria checks 2/6
China National Building Material has a total shareholder equity of CN¥193.6B and total debt of CN¥161.4B, which brings its debt-to-equity ratio to 83.4%. Its total assets and total liabilities are CN¥503.2B and CN¥309.7B respectively. China National Building Material's EBIT is CN¥12.0B making its interest coverage ratio 2.2. It has cash and short-term investments of CN¥32.8B.
Key information
83.4%
Debt to equity ratio
CN¥161.45b
Debt
Interest coverage ratio | 2.2x |
Cash | CN¥32.80b |
Equity | CN¥193.55b |
Total liabilities | CN¥309.69b |
Total assets | CN¥503.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3323's short term assets (CN¥157.0B) do not cover its short term liabilities (CN¥173.0B).
Long Term Liabilities: 3323's short term assets (CN¥157.0B) exceed its long term liabilities (CN¥136.6B).
Debt to Equity History and Analysis
Debt Level: 3323's net debt to equity ratio (66.5%) is considered high.
Reducing Debt: 3323's debt to equity ratio has reduced from 107.4% to 83.4% over the past 5 years.
Debt Coverage: 3323's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: 3323's interest payments on its debt are not well covered by EBIT (2.2x coverage).