Greenland Hong Kong Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Greenland Hong Kong Holdings has a total shareholder equity of CN¥18.9B and total debt of CN¥14.4B, which brings its debt-to-equity ratio to 76.1%. Its total assets and total liabilities are CN¥124.0B and CN¥105.2B respectively. Greenland Hong Kong Holdings's EBIT is CN¥599.8M making its interest coverage ratio 4.3. It has cash and short-term investments of CN¥977.2M.
Key information
76.1%
Debt to equity ratio
CN¥14.35b
Debt
| Interest coverage ratio | 4.3x |
| Cash | CN¥977.23m |
| Equity | CN¥18.87b |
| Total liabilities | CN¥105.16b |
| Total assets | CN¥124.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QFRA's short term assets (CN¥104.8B) exceed its short term liabilities (CN¥99.9B).
Long Term Liabilities: QFRA's short term assets (CN¥104.8B) exceed its long term liabilities (CN¥5.2B).
Debt to Equity History and Analysis
Debt Level: QFRA's net debt to equity ratio (70.9%) is considered high.
Reducing Debt: QFRA's debt to equity ratio has reduced from 123.8% to 76.1% over the past 5 years.
Debt Coverage: QFRA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: QFRA's interest payments on its debt are well covered by EBIT (4.3x coverage).