Redsun Properties Group Balance Sheet Health
Financial Health criteria checks 4/6
Redsun Properties Group has a total shareholder equity of CN¥14.8B and total debt of CN¥21.5B, which brings its debt-to-equity ratio to 144.9%. Its total assets and total liabilities are CN¥74.9B and CN¥60.1B respectively.
Key information
144.9%
Debt to equity ratio
CN¥21.48b
Debt
Interest coverage ratio | n/a |
Cash | CN¥2.77b |
Equity | CN¥14.82b |
Total liabilities | CN¥60.08b |
Total assets | CN¥74.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RJ's short term assets (CN¥52.2B) do not cover its short term liabilities (CN¥53.2B).
Long Term Liabilities: 0RJ's short term assets (CN¥52.2B) exceed its long term liabilities (CN¥6.9B).
Debt to Equity History and Analysis
Debt Level: 0RJ's net debt to equity ratio (126.2%) is considered high.
Reducing Debt: 0RJ's debt to equity ratio has reduced from 165% to 144.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 0RJ has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 0RJ is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 48% per year.