China Conch Venture Holdings Balance Sheet Health
Financial Health criteria checks 3/6
China Conch Venture Holdings has a total shareholder equity of CN¥48.3B and total debt of CN¥28.7B, which brings its debt-to-equity ratio to 59.5%. Its total assets and total liabilities are CN¥83.9B and CN¥35.6B respectively. China Conch Venture Holdings's EBIT is CN¥2.0B making its interest coverage ratio 3.5. It has cash and short-term investments of CN¥9.7B.
Key information
59.5%
Debt to equity ratio
CN¥28.72b
Debt
Interest coverage ratio | 3.5x |
Cash | CN¥9.69b |
Equity | CN¥48.28b |
Total liabilities | CN¥35.65b |
Total assets | CN¥83.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCVT.F's short term assets (CN¥14.0B) exceed its short term liabilities (CN¥11.2B).
Long Term Liabilities: CCVT.F's short term assets (CN¥14.0B) do not cover its long term liabilities (CN¥24.4B).
Debt to Equity History and Analysis
Debt Level: CCVT.F's net debt to equity ratio (39.4%) is considered satisfactory.
Reducing Debt: CCVT.F's debt to equity ratio has increased from 3.5% to 59.5% over the past 5 years.
Debt Coverage: CCVT.F's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: CCVT.F's interest payments on its debt are well covered by EBIT (3.5x coverage).