China Resources Gas Group Financial Health

How is China Resources Gas Group's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 2939's short term assets (HK$30.6B) do not cover its short term liabilities (HK$48.7B).

Long Term Liabilities: 2939's short term assets (HK$30.6B) exceed its long term liabilities (HK$3.4B).


Debt to Equity History and Analysis

Debt Level: 2939's net debt to equity ratio (6.3%) is considered satisfactory.

Reducing Debt: 2939's debt to equity ratio has reduced from 54.9% to 21.5% over the past 5 years.

Debt Coverage: 2939's debt is well covered by operating cash flow (72.3%).

Interest Coverage: 2939's interest payments on its debt are well covered by EBIT (172.6x coverage).


Balance Sheet


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