CMST DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 6/6
CMST DevelopmentLtd has a total shareholder equity of CN¥14.9B and total debt of CN¥3.4B, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are CN¥24.1B and CN¥9.2B respectively. CMST DevelopmentLtd's EBIT is CN¥620.4M making its interest coverage ratio -309.5. It has cash and short-term investments of CN¥3.8B.
Key information
22.9%
Debt to equity ratio
CN¥3.41b
Debt
| Interest coverage ratio | -309.5x |
| Cash | CN¥3.77b |
| Equity | CN¥14.89b |
| Total liabilities | CN¥9.22b |
| Total assets | CN¥24.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600787's short term assets (CN¥10.9B) exceed its short term liabilities (CN¥6.7B).
Long Term Liabilities: 600787's short term assets (CN¥10.9B) exceed its long term liabilities (CN¥2.6B).
Debt to Equity History and Analysis
Debt Level: 600787 has more cash than its total debt.
Reducing Debt: 600787's debt to equity ratio has reduced from 40.8% to 22.9% over the past 5 years.
Debt Coverage: 600787's debt is well covered by operating cash flow (44.7%).
Interest Coverage: 600787 earns more interest than it pays, so coverage of interest payments is not a concern.