China Renaissance Holdings Balance Sheet Health
Financial Health criteria checks 3/6
China Renaissance Holdings has a total shareholder equity of CN¥7.1B and total debt of CN¥605.5M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are CN¥9.4B and CN¥2.2B respectively.
Key information
8.5%
Debt to equity ratio
CN¥605.46m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥4.66b |
| Equity | CN¥7.13b |
| Total liabilities | CN¥2.22b |
| Total assets | CN¥9.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6RN's short term assets (CN¥6.3B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 6RN's short term assets (CN¥6.3B) exceed its long term liabilities (CN¥65.4M).
Debt to Equity History and Analysis
Debt Level: 6RN has more cash than its total debt.
Reducing Debt: 6RN's debt to equity ratio has increased from 0.4% to 8.5% over the past 5 years.
Debt Coverage: 6RN's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: Insufficient data to determine if 6RN's interest payments on its debt are well covered by EBIT.