Gemdale Balance Sheet Health
Financial Health criteria checks 4/6
Gemdale has a total shareholder equity of CN¥107.1B and total debt of CN¥78.4B, which brings its debt-to-equity ratio to 73.2%. Its total assets and total liabilities are CN¥330.8B and CN¥223.7B respectively. Gemdale's EBIT is CN¥2.6B making its interest coverage ratio -52.3. It has cash and short-term investments of CN¥22.7B.
Key information
73.2%
Debt to equity ratio
CN¥78.38b
Debt
| Interest coverage ratio | -52.3x |
| Cash | CN¥22.69b |
| Equity | CN¥107.14b |
| Total liabilities | CN¥223.67b |
| Total assets | CN¥330.81b |
Recent financial health updates
Is Gemdale (SHSE:600383) Using Too Much Debt?
Sep 23
Here's Why Gemdale (SHSE:600383) Has A Meaningful Debt Burden
Jun 17Recent updates
Are Investors Undervaluing Gemdale Corporation (SHSE:600383) By 41%?
Nov 21Improved Revenues Required Before Gemdale Corporation (SHSE:600383) Stock's 35% Jump Looks Justified
Oct 21Is Gemdale (SHSE:600383) Using Too Much Debt?
Sep 23Gemdale Corporation's (SHSE:600383) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Sep 04Here's Why Gemdale (SHSE:600383) Has A Meaningful Debt Burden
Jun 17Gemdale Corporation (SHSE:600383) Surges 50% Yet Its Low P/S Is No Reason For Excitement
May 21Gemdale Corporation Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next
May 03Gemdale's (SHSE:600383) Problems Go Beyond Weak Profit
Mar 21These 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¥232.8B) exceed its short term liabilities (CN¥175.3B).
Long Term Liabilities: 600383's short term assets (CN¥232.8B) exceed its long term liabilities (CN¥48.3B).
Debt to Equity History and Analysis
Debt Level: 600383's net debt to equity ratio (52%) is considered high.
Reducing Debt: 600383's debt to equity ratio has reduced from 125.2% to 73.2% over the past 5 years.
Debt Coverage: 600383's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: 600383 earns more interest than it pays, so coverage of interest payments is not a concern.