Sunac China Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Sunac China Holdings has a total shareholder equity of CN¥83.8B and total debt of CN¥277.8B, which brings its debt-to-equity ratio to 331.6%. Its total assets and total liabilities are CN¥977.9B and CN¥894.1B respectively. Sunac China Holdings's EBIT is CN¥13.3B making its interest coverage ratio 4.2. It has cash and short-term investments of CN¥7.7B.
Key information
331.6%
Debt to equity ratio
CN¥277.83b
Debt
Interest coverage ratio | 4.2x |
Cash | CN¥7.68b |
Equity | CN¥83.79b |
Total liabilities | CN¥894.07b |
Total assets | CN¥977.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCNR's short term assets (CN¥758.5B) do not cover its short term liabilities (CN¥779.2B).
Long Term Liabilities: SCNR's short term assets (CN¥758.5B) exceed its long term liabilities (CN¥114.8B).
Debt to Equity History and Analysis
Debt Level: SCNR's net debt to equity ratio (322.4%) is considered high.
Reducing Debt: SCNR's debt to equity ratio has increased from 313.8% to 331.6% over the past 5 years.
Debt Coverage: SCNR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SCNR's interest payments on its debt are well covered by EBIT (4.2x coverage).