Greenland Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Greenland Holdings has a total shareholder equity of CN¥143.0B and total debt of CN¥222.1B, which brings its debt-to-equity ratio to 155.3%. Its total assets and total liabilities are CN¥1,068.7B and CN¥925.7B respectively.
Key information
155.3%
Debt to equity ratio
CN¥222.08b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥31.55b |
| Equity | CN¥142.98b |
| Total liabilities | CN¥925.72b |
| Total assets | CN¥1.07t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600606's short term assets (CN¥885.9B) exceed its short term liabilities (CN¥795.7B).
Long Term Liabilities: 600606's short term assets (CN¥885.9B) exceed its long term liabilities (CN¥130.1B).
Debt to Equity History and Analysis
Debt Level: 600606's net debt to equity ratio (133.3%) is considered high.
Reducing Debt: 600606's debt to equity ratio has reduced from 240.8% to 155.3% over the past 5 years.
Debt Coverage: 600606's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600606's interest payments on its debt are well covered by EBIT.