China Pacific Insurance (Group) Balance Sheet Health
Financial Health criteria checks 4/6
China Pacific Insurance (Group) has a total shareholder equity of CN¥300.0B and total debt of CN¥152.6B, which brings its debt-to-equity ratio to 50.9%. Its total assets and total liabilities are CN¥2,684.5B and CN¥2,384.5B respectively. China Pacific Insurance (Group)'s EBIT is CN¥51.3B making its interest coverage ratio 18.7. It has cash and short-term investments of CN¥733.9B.
Key information
50.9%
Debt to equity ratio
CN¥152.65b
Debt
| Interest coverage ratio | 18.7x |
| Cash | CN¥733.88b |
| Equity | CN¥299.97b |
| Total liabilities | CN¥2.38t |
| Total assets | CN¥2.68t |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601601's short term assets (CN¥784.3B) exceed its short term liabilities (CN¥158.3B).
Long Term Liabilities: 601601's short term assets (CN¥784.3B) do not cover its long term liabilities (CN¥2,226.2B).
Debt to Equity History and Analysis
Debt Level: 601601 has more cash than its total debt.
Reducing Debt: 601601's debt to equity ratio has increased from 47.8% to 50.9% over the past 5 years.
Debt Coverage: 601601's debt is well covered by operating cash flow (101.9%).
Interest Coverage: 601601's interest payments on its debt are well covered by EBIT (18.7x coverage).