Jiangsu Phoenix Property Investment Balance Sheet Health
Financial Health criteria checks 3/6
Jiangsu Phoenix Property Investment has a total shareholder equity of CN¥5.1B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 40.1%. Its total assets and total liabilities are CN¥8.0B and CN¥2.9B respectively.
Key information
40.1%
Debt to equity ratio
CN¥2.04b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥998.24m |
| Equity | CN¥5.09b |
| Total liabilities | CN¥2.92b |
| Total assets | CN¥8.01b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600716's short term assets (CN¥5.8B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 600716's short term assets (CN¥5.8B) exceed its long term liabilities (CN¥719.8M).
Debt to Equity History and Analysis
Debt Level: 600716's net debt to equity ratio (20.5%) is considered satisfactory.
Reducing Debt: 600716's debt to equity ratio has increased from 22.5% to 40.1% over the past 5 years.
Debt Coverage: 600716's debt is not well covered by operating cash flow (9.3%).
Interest Coverage: Insufficient data to determine if 600716's interest payments on its debt are well covered by EBIT.