China Merchants Land Balance Sheet Health
Financial Health criteria checks 3/6
China Merchants Land has a total shareholder equity of CN¥34.8B and total debt of CN¥41.8B, which brings its debt-to-equity ratio to 120.2%. Its total assets and total liabilities are CN¥138.2B and CN¥103.4B respectively. China Merchants Land's EBIT is CN¥1.1B making its interest coverage ratio 3.2. It has cash and short-term investments of CN¥12.9B.
Key information
120.2%
Debt to equity ratio
CN¥41.83b
Debt
| Interest coverage ratio | 3.2x |
| Cash | CN¥12.91b |
| Equity | CN¥34.80b |
| Total liabilities | CN¥103.43b |
| Total assets | CN¥138.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TNY1's short term assets (CN¥100.3B) exceed its short term liabilities (CN¥66.8B).
Long Term Liabilities: TNY1's short term assets (CN¥100.3B) exceed its long term liabilities (CN¥36.6B).
Debt to Equity History and Analysis
Debt Level: TNY1's net debt to equity ratio (83.1%) is considered high.
Reducing Debt: TNY1's debt to equity ratio has increased from 88% to 120.2% over the past 5 years.
Debt Coverage: TNY1's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TNY1's interest payments on its debt are well covered by EBIT (3.2x coverage).