Gemdale Balance Sheet Health
Financial Health criteria checks 4/6
Gemdale has a total shareholder equity of CN¥116.9B and total debt of CN¥92.5B, which brings its debt-to-equity ratio to 79.1%. Its total assets and total liabilities are CN¥373.8B and CN¥256.9B respectively. Gemdale's EBIT is CN¥5.4B making its interest coverage ratio -4.7. It has cash and short-term investments of CN¥29.7B.
Key information
79.1%
Debt to equity ratio
CN¥92.46b
Debt
| Interest coverage ratio | -4.7x |
| Cash | CN¥29.74b |
| Equity | CN¥116.90b |
| Total liabilities | CN¥256.95b |
| Total assets | CN¥373.85b |
Recent financial health updates
No updates
Recent updates
Gemdale's (SHSE:600383) Problems Go Beyond Weak Profit
Mar 21
These Analysts Just Made A Massive Downgrade To Their Gemdale Corporation (SHSE:600383) EPS Forecasts
Mar 19Gemdale Corporation Just Missed EPS By 86%: Here's What Analysts Think Will Happen Next
Mar 17Gemdale Corporation's (SHSE:600383) Low P/S No Reason For Excitement
Feb 27Financial Position Analysis
Short Term Liabilities: 600383's short term assets (CN¥272.3B) exceed its short term liabilities (CN¥198.7B).
Long Term Liabilities: 600383's short term assets (CN¥272.3B) exceed its long term liabilities (CN¥58.2B).
Debt to Equity History and Analysis
Debt Level: 600383's net debt to equity ratio (53.7%) is considered high.
Reducing Debt: 600383's debt to equity ratio has reduced from 123.6% to 79.1% over the past 5 years.
Debt Coverage: 600383's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: 600383 earns more interest than it pays, so coverage of interest payments is not a concern.