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¥10.1B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are CN¥18.1B and CN¥8.0B respectively. China Merchants Property Operation & Service's EBIT is CN¥945.9M making its interest coverage ratio 31.4. It has cash and short-term investments of CN¥2.2B.
Key information
11.7%
Debt to equity ratio
CN¥1.18b
Debt
Interest coverage ratio | 31.4x |
Cash | CN¥2.24b |
Equity | CN¥10.11b |
Total liabilities | CN¥7.96b |
Total assets | CN¥18.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 001914's short term assets (CN¥8.2B) exceed its short term liabilities (CN¥6.1B).
Long Term Liabilities: 001914's short term assets (CN¥8.2B) exceed its long term liabilities (CN¥1.9B).
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 86.8% to 11.7% over the past 5 years.
Debt Coverage: 001914's debt is well covered by operating cash flow (132%).
Interest Coverage: 001914's interest payments on its debt are well covered by EBIT (31.4x coverage).