C&D International Investment Group Balance Sheet Health
Financial Health criteria checks 4/6
C&D International Investment Group has a total shareholder equity of CN¥96.1B and total debt of CN¥93.2B, which brings its debt-to-equity ratio to 96.9%. Its total assets and total liabilities are CN¥459.2B and CN¥363.0B respectively. C&D International Investment Group's EBIT is CN¥7.4B making its interest coverage ratio -13.9. It has cash and short-term investments of CN¥51.8B.
Key information
96.9%
Debt to equity ratio
CN¥93.18b
Debt
| Interest coverage ratio | -13.9x |
| Cash | CN¥51.82b |
| Equity | CN¥96.15b |
| Total liabilities | CN¥363.03b |
| Total assets | CN¥459.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1908's short term assets (CN¥422.4B) exceed its short term liabilities (CN¥278.2B).
Long Term Liabilities: 1908's short term assets (CN¥422.4B) exceed its long term liabilities (CN¥84.9B).
Debt to Equity History and Analysis
Debt Level: 1908's net debt to equity ratio (43%) is considered high.
Reducing Debt: 1908's debt to equity ratio has reduced from 340.4% to 96.9% over the past 5 years.
Debt Coverage: 1908's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1908 earns more interest than it pays, so coverage of interest payments is not a concern.