China National Building Material Balance Sheet Health
Financial Health criteria checks 2/6
China National Building Material has a total shareholder equity of CN¥190.8B and total debt of CN¥166.1B, which brings its debt-to-equity ratio to 87%. Its total assets and total liabilities are CN¥501.8B and CN¥311.0B respectively. China National Building Material's EBIT is CN¥8.0B making its interest coverage ratio 1.4. It has cash and short-term investments of CN¥37.6B.
Key information
87.0%
Debt to equity ratio
CN¥166.06b
Debt
| Interest coverage ratio | 1.4x |
| Cash | CN¥37.58b |
| Equity | CN¥190.79b |
| Total liabilities | CN¥311.02b |
| Total assets | CN¥501.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CBUM.Y's short term assets (CN¥152.6B) do not cover its short term liabilities (CN¥166.0B).
Long Term Liabilities: CBUM.Y's short term assets (CN¥152.6B) exceed its long term liabilities (CN¥145.1B).
Debt to Equity History and Analysis
Debt Level: CBUM.Y's net debt to equity ratio (67.3%) is considered high.
Reducing Debt: CBUM.Y's debt to equity ratio has reduced from 124.8% to 87% over the past 5 years.
Debt Coverage: CBUM.Y's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: CBUM.Y's interest payments on its debt are not well covered by EBIT (1.4x coverage).