China Merchants Property Operation & Service Balance Sheet Health
Financial Health criteria checks 6/6
China Merchants Property Operation & Service has a total shareholder equity of CN¥9.8B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are CN¥18.6B and CN¥8.8B respectively. China Merchants Property Operation & Service's EBIT is CN¥1.0B making its interest coverage ratio 22.5. It has cash and short-term investments of CN¥2.5B.
Key information
21.9%
Debt to equity ratio
CN¥2.15b
Debt
Interest coverage ratio | 22.5x |
Cash | CN¥2.54b |
Equity | CN¥9.81b |
Total liabilities | CN¥8.77b |
Total assets | CN¥18.58b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 001914's short term assets (CN¥8.6B) exceed its short term liabilities (CN¥7.4B).
Long Term Liabilities: 001914's short term assets (CN¥8.6B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 001914 has more cash than its total debt.
Reducing Debt: 001914's debt to equity ratio has reduced from 111.6% to 21.9% over the past 5 years.
Debt Coverage: 001914's debt is well covered by operating cash flow (57.7%).
Interest Coverage: 001914's interest payments on its debt are well covered by EBIT (22.5x coverage).