RiseSun Real Estate DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 3/6
RiseSun Real Estate DevelopmentLtd has a total shareholder equity of CN¥25.4B and total debt of CN¥42.0B, which brings its debt-to-equity ratio to 165.3%. Its total assets and total liabilities are CN¥229.2B and CN¥203.8B respectively.
Key information
165.3%
Debt to equity ratio
CN¥42.02b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥5.75b |
| Equity | CN¥25.42b |
| Total liabilities | CN¥203.76b |
| Total assets | CN¥229.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002146's short term assets (CN¥207.2B) exceed its short term liabilities (CN¥174.5B).
Long Term Liabilities: 002146's short term assets (CN¥207.2B) exceed its long term liabilities (CN¥29.3B).
Debt to Equity History and Analysis
Debt Level: 002146's net debt to equity ratio (142.6%) is considered high.
Reducing Debt: 002146's debt to equity ratio has reduced from 195.6% to 165.3% over the past 5 years.
Debt Coverage: 002146's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002146's interest payments on its debt are well covered by EBIT.