Cinda Real Estate Balance Sheet Health
Financial Health criteria checks 4/6
Cinda Real Estate has a total shareholder equity of CN¥25.3B and total debt of CN¥33.6B, which brings its debt-to-equity ratio to 133.1%. Its total assets and total liabilities are CN¥82.7B and CN¥57.4B respectively. Cinda Real Estate's EBIT is CN¥1.4B making its interest coverage ratio 4.1. It has cash and short-term investments of CN¥13.6B.
Key information
133.1%
Debt to equity ratio
CN¥33.64b
Debt
Interest coverage ratio | 4.1x |
Cash | CN¥13.55b |
Equity | CN¥25.27b |
Total liabilities | CN¥57.38b |
Total assets | CN¥82.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600657's short term assets (CN¥54.9B) exceed its short term liabilities (CN¥25.3B).
Long Term Liabilities: 600657's short term assets (CN¥54.9B) exceed its long term liabilities (CN¥32.1B).
Debt to Equity History and Analysis
Debt Level: 600657's net debt to equity ratio (79.5%) is considered high.
Reducing Debt: 600657's debt to equity ratio has reduced from 173.8% to 133.1% over the past 5 years.
Debt Coverage: 600657's debt is not well covered by operating cash flow (2.1%).
Interest Coverage: 600657's interest payments on its debt are well covered by EBIT (4.1x coverage).