China Communications Services Balance Sheet Health
Financial Health criteria checks 5/6
China Communications Services has a total shareholder equity of CN¥42.7B and total debt of CN¥972.8M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are CN¥119.0B and CN¥76.3B respectively. China Communications Services's EBIT is CN¥2.0B making its interest coverage ratio -2.7. It has cash and short-term investments of CN¥22.0B.
Key information
2.3%
Debt to equity ratio
CN¥972.78m
Debt
| Interest coverage ratio | -2.7x |
| Cash | CN¥21.99b |
| Equity | CN¥42.71b |
| Total liabilities | CN¥76.33b |
| Total assets | CN¥119.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CUCS.Y's short term assets (CN¥92.3B) exceed its short term liabilities (CN¥74.2B).
Long Term Liabilities: CUCS.Y's short term assets (CN¥92.3B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: CUCS.Y has more cash than its total debt.
Reducing Debt: CUCS.Y's debt to equity ratio has increased from 1.3% to 2.3% over the past 5 years.
Debt Coverage: CUCS.Y's debt is well covered by operating cash flow (624.4%).
Interest Coverage: CUCS.Y earns more interest than it pays, so coverage of interest payments is not a concern.