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China Life Insurance Balance Sheet Health
Financial Health criteria checks 4/6
Key information
30.8%
Debt to equity ratio
CN¥142.42b
Debt
Interest coverage ratio | 2.3x |
Cash | CN¥361.41b |
Equity | CN¥462.11b |
Total liabilities | CN¥4.67t |
Total assets | CN¥5.13t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LFCHY's short term assets (CN¥481.4B) exceed its short term liabilities (CN¥326.9B).
Long Term Liabilities: LFCHY's short term assets (CN¥481.4B) do not cover its long term liabilities (CN¥4,339.0B).
Debt to Equity History and Analysis
Debt Level: LFCHY has more cash than its total debt.
Reducing Debt: LFCHY's debt to equity ratio has reduced from 31% to 30.8% over the past 5 years.
Debt Coverage: LFCHY's debt is well covered by operating cash flow (230.9%).
Interest Coverage: LFCHY's interest payments on its debt are not well covered by EBIT (2.3x coverage).