Yunnan Metropolitan RealEstate DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 4/6
Yunnan Metropolitan RealEstate DevelopmentLtd has a total shareholder equity of CN¥2.3B and total debt of CN¥4.5B, which brings its debt-to-equity ratio to 197%. Its total assets and total liabilities are CN¥12.1B and CN¥9.8B respectively. Yunnan Metropolitan RealEstate DevelopmentLtd's EBIT is CN¥304.0M making its interest coverage ratio 6.1. It has cash and short-term investments of CN¥836.1M.
Key information
197.0%
Debt to equity ratio
CN¥4.45b
Debt
Interest coverage ratio | 6.1x |
Cash | CN¥836.10m |
Equity | CN¥2.26b |
Total liabilities | CN¥9.85b |
Total assets | CN¥12.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600239's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 600239's short term assets (CN¥3.6B) do not cover its long term liabilities (CN¥6.5B).
Debt to Equity History and Analysis
Debt Level: 600239's net debt to equity ratio (160%) is considered high.
Reducing Debt: 600239's debt to equity ratio has reduced from 516.7% to 197% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 600239 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600239 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 33.5% per year.