China Railway Signal & Communication Balance Sheet Health
Financial Health criteria checks 6/6
China Railway Signal & Communication has a total shareholder equity of CN¥49.6B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CN¥118.1B and CN¥68.4B respectively. China Railway Signal & Communication's EBIT is CN¥3.9B making its interest coverage ratio -7. It has cash and short-term investments of CN¥22.4B.
Key information
5.9%
Debt to equity ratio
CN¥2.94b
Debt
Interest coverage ratio | -7x |
Cash | CN¥22.41b |
Equity | CN¥49.63b |
Total liabilities | CN¥68.45b |
Total assets | CN¥118.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3969's short term assets (CN¥91.8B) exceed its short term liabilities (CN¥64.6B).
Long Term Liabilities: 3969's short term assets (CN¥91.8B) exceed its long term liabilities (CN¥3.9B).
Debt to Equity History and Analysis
Debt Level: 3969 has more cash than its total debt.
Reducing Debt: 3969's debt to equity ratio has reduced from 7.6% to 5.9% over the past 5 years.
Debt Coverage: 3969's debt is well covered by operating cash flow (185.5%).
Interest Coverage: 3969 earns more interest than it pays, so coverage of interest payments is not a concern.