China Development Bank Financial Leasing Balance Sheet Health
Financial Health criteria checks 2/6
China Development Bank Financial Leasing has a total shareholder equity of CN¥37.3B and total debt of CN¥343.4B, which brings its debt-to-equity ratio to 921%. Its total assets and total liabilities are CN¥409.7B and CN¥372.4B respectively.
Key information
921.0%
Debt to equity ratio
CN¥343.37b
Debt
Interest coverage ratio | n/a |
Cash | CN¥70.27b |
Equity | CN¥37.28b |
Total liabilities | CN¥372.41b |
Total assets | CN¥409.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2C6's short term assets (CN¥282.4B) exceed its short term liabilities (CN¥237.3B).
Long Term Liabilities: 2C6's short term assets (CN¥282.4B) exceed its long term liabilities (CN¥135.1B).
Debt to Equity History and Analysis
Debt Level: 2C6's net debt to equity ratio (732.5%) is considered high.
Reducing Debt: 2C6's debt to equity ratio has increased from 813.7% to 921% over the past 5 years.
Debt Coverage: 2C6's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: Insufficient data to determine if 2C6's interest payments on its debt are well covered by EBIT.