China Resources Land Balance Sheet Health
Financial Health criteria checks 4/6
China Resources Land has a total shareholder equity of CN¥384.1B and total debt of CN¥299.1B, which brings its debt-to-equity ratio to 77.9%. Its total assets and total liabilities are CN¥1,191.2B and CN¥807.0B respectively. China Resources Land's EBIT is CN¥49.2B making its interest coverage ratio -32.9. It has cash and short-term investments of CN¥119.7B.
Key information
77.9%
Debt to equity ratio
CN¥299.06b
Debt
Interest coverage ratio | -32.9x |
Cash | CN¥119.73b |
Equity | CN¥384.15b |
Total liabilities | CN¥807.03b |
Total assets | CN¥1.19t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHZ's short term assets (CN¥784.4B) exceed its short term liabilities (CN¥584.2B).
Long Term Liabilities: CHZ's short term assets (CN¥784.4B) exceed its long term liabilities (CN¥222.8B).
Debt to Equity History and Analysis
Debt Level: CHZ's net debt to equity ratio (46.7%) is considered high.
Reducing Debt: CHZ's debt to equity ratio has reduced from 86.8% to 77.9% over the past 5 years.
Debt Coverage: CHZ's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: CHZ earns more interest than it pays, so coverage of interest payments is not a concern.