Cinda Real Estate Balance Sheet Health
Financial Health criteria checks 3/6
Cinda Real Estate has a total shareholder equity of CN¥25.1B and total debt of CN¥31.7B, which brings its debt-to-equity ratio to 126.3%. Its total assets and total liabilities are CN¥80.1B and CN¥55.0B respectively. Cinda Real Estate's EBIT is CN¥1.2B making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥7.9B.
Key information
126.3%
Debt to equity ratio
CN¥31.67b
Debt
| Interest coverage ratio | 1.6x |
| Cash | CN¥7.92b |
| Equity | CN¥25.07b |
| Total liabilities | CN¥55.01b |
| Total assets | CN¥80.08b |
Recent financial health updates
Cinda Real Estate (SHSE:600657) Use Of Debt Could Be Considered Risky
Oct 23
Cinda Real Estate (SHSE:600657) Has A Somewhat Strained Balance Sheet
Jul 25Recent updates
Earnings Troubles May Signal Larger Issues for Cinda Real Estate (SHSE:600657) Shareholders
Nov 06Cinda Real Estate (SHSE:600657) Use Of Debt Could Be Considered Risky
Oct 23Optimistic Investors Push Cinda Real Estate Co., Ltd. (SHSE:600657) Shares Up 31% But Growth Is Lacking
Sep 26Cinda Real Estate (SHSE:600657) Has A Somewhat Strained Balance Sheet
Jul 25Cinda Real Estate Co., Ltd.'s (SHSE:600657) Price Is Out Of Tune With Earnings
May 28Financial Position Analysis
Short Term Liabilities: 600657's short term assets (CN¥50.9B) exceed its short term liabilities (CN¥27.4B).
Long Term Liabilities: 600657's short term assets (CN¥50.9B) exceed its long term liabilities (CN¥27.6B).
Debt to Equity History and Analysis
Debt Level: 600657's net debt to equity ratio (94.7%) is considered high.
Reducing Debt: 600657's debt to equity ratio has reduced from 169.2% to 126.3% over the past 5 years.
Debt Coverage: 600657's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600657's interest payments on its debt are not well covered by EBIT (1.6x coverage).