China Fortune Land Development Balance Sheet Health
Financial Health criteria checks 2/6
China Fortune Land Development has a total shareholder equity of CN¥22.0B and total debt of CN¥167.7B, which brings its debt-to-equity ratio to 760.9%. Its total assets and total liabilities are CN¥323.8B and CN¥301.8B respectively.
Key information
760.9%
Debt to equity ratio
CN¥167.65b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥4.62b |
| Equity | CN¥22.03b |
| Total liabilities | CN¥301.77b |
| Total assets | CN¥323.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600340's short term assets (CN¥273.1B) exceed its short term liabilities (CN¥147.8B).
Long Term Liabilities: 600340's short term assets (CN¥273.1B) exceed its long term liabilities (CN¥154.0B).
Debt to Equity History and Analysis
Debt Level: 600340's net debt to equity ratio (739.9%) is considered high.
Reducing Debt: 600340's debt to equity ratio has increased from 265.5% to 760.9% over the past 5 years.
Debt Coverage: 600340's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600340's interest payments on its debt are well covered by EBIT.