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¥40.8B, which brings its debt-to-equity ratio to 160.2%. Its total assets and total liabilities are CN¥182.8B and CN¥157.4B respectively. RiseSun Real Estate DevelopmentLtd's EBIT is CN¥3.6B making its interest coverage ratio 2.2. It has cash and short-term investments of CN¥3.3B.
Key information
160.2%
Debt to equity ratio
CN¥40.78b
Debt
| Interest coverage ratio | 2.2x |
| Cash | CN¥3.32b |
| Equity | CN¥25.45b |
| Total liabilities | CN¥157.36b |
| Total assets | CN¥182.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002146's short term assets (CN¥162.3B) exceed its short term liabilities (CN¥139.0B).
Long Term Liabilities: 002146's short term assets (CN¥162.3B) exceed its long term liabilities (CN¥18.3B).
Debt to Equity History and Analysis
Debt Level: 002146's net debt to equity ratio (147.2%) is considered high.
Reducing Debt: 002146's debt to equity ratio has reduced from 167.7% to 160.2% over the past 5 years.
Debt Coverage: 002146's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002146's interest payments on its debt are not well covered by EBIT (2.2x coverage).