CMST DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 5/6
CMST DevelopmentLtd has a total shareholder equity of CN¥14.8B and total debt of CN¥2.5B, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are CN¥23.8B and CN¥9.0B respectively. CMST DevelopmentLtd's EBIT is CN¥567.8M making its interest coverage ratio -48.1. It has cash and short-term investments of CN¥3.3B.
Key information
17.1%
Debt to equity ratio
CN¥2.53b
Debt
| Interest coverage ratio | -48.1x |
| Cash | CN¥3.31b |
| Equity | CN¥14.76b |
| Total liabilities | CN¥9.01b |
| Total assets | CN¥23.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600787's short term assets (CN¥10.7B) exceed its short term liabilities (CN¥5.9B).
Long Term Liabilities: 600787's short term assets (CN¥10.7B) exceed its long term liabilities (CN¥3.1B).
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 31.7% to 17.1% over the past 5 years.
Debt Coverage: 600787's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: 600787 earns more interest than it pays, so coverage of interest payments is not a concern.