Poly Developments and Holdings Group Balance Sheet Health
Financial Health criteria checks 4/6
Poly Developments and Holdings Group has a total shareholder equity of CN¥337.0B and total debt of CN¥353.8B, which brings its debt-to-equity ratio to 105%. Its total assets and total liabilities are CN¥1,436.9B and CN¥1,099.9B respectively. Poly Developments and Holdings Group's EBIT is CN¥26.9B making its interest coverage ratio 16.9. It has cash and short-term investments of CN¥148.4B.
Key information
105.0%
Debt to equity ratio
CN¥353.84b
Debt
Interest coverage ratio | 16.9x |
Cash | CN¥148.39b |
Equity | CN¥337.03b |
Total liabilities | CN¥1.10t |
Total assets | CN¥1.44t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600048's short term assets (CN¥1,268.5B) exceed its short term liabilities (CN¥813.7B).
Long Term Liabilities: 600048's short term assets (CN¥1,268.5B) exceed its long term liabilities (CN¥286.2B).
Debt to Equity History and Analysis
Debt Level: 600048's net debt to equity ratio (61%) is considered high.
Reducing Debt: 600048's debt to equity ratio has reduced from 141.4% to 105% over the past 5 years.
Debt Coverage: 600048's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: 600048's interest payments on its debt are well covered by EBIT (16.9x coverage).