China High Speed Transmission Equipment Group Balance Sheet Health
Financial Health criteria checks 4/6
China High Speed Transmission Equipment Group has a total shareholder equity of CN¥13.9B and total debt of CN¥9.5B, which brings its debt-to-equity ratio to 68.2%. Its total assets and total liabilities are CN¥41.7B and CN¥27.8B respectively. China High Speed Transmission Equipment Group's EBIT is CN¥1.3B making its interest coverage ratio 3.5. It has cash and short-term investments of CN¥7.5B.
Key information
68.2%
Debt to equity ratio
CN¥9.49b
Debt
Interest coverage ratio | 3.5x |
Cash | CN¥7.49b |
Equity | CN¥13.91b |
Total liabilities | CN¥27.79b |
Total assets | CN¥41.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHST.F's short term assets (CN¥29.2B) exceed its short term liabilities (CN¥21.6B).
Long Term Liabilities: CHST.F's short term assets (CN¥29.2B) exceed its long term liabilities (CN¥6.2B).
Debt to Equity History and Analysis
Debt Level: CHST.F's net debt to equity ratio (14.4%) is considered satisfactory.
Reducing Debt: CHST.F's debt to equity ratio has increased from 67.9% to 68.2% over the past 5 years.
Debt Coverage: CHST.F's debt is not well covered by operating cash flow (3.1%).
Interest Coverage: CHST.F's interest payments on its debt are well covered by EBIT (3.5x coverage).