China CITIC Financial Asset Management Balance Sheet Health
Financial Health criteria checks 2/6
China CITIC Financial Asset Management has a total shareholder equity of CN¥52.7B and total debt of CN¥862.9B, which brings its debt-to-equity ratio to 1637.3%. Its total assets and total liabilities are CN¥1,055.3B and CN¥1,002.6B respectively.
Key information
1,637.3%
Debt to equity ratio
CN¥862.93b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥382.21b |
| Equity | CN¥52.71b |
| Total liabilities | CN¥1.00t |
| Total assets | CN¥1.06t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2799's short term assets (CN¥680.8B) exceed its short term liabilities (CN¥578.2B).
Long Term Liabilities: 2799's short term assets (CN¥680.8B) exceed its long term liabilities (CN¥424.4B).
Debt to Equity History and Analysis
Debt Level: 2799's net debt to equity ratio (912.1%) is considered high.
Reducing Debt: 2799's debt to equity ratio has increased from 680.5% to 1637.3% over the past 5 years.
Debt Coverage: 2799's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: Insufficient data to determine if 2799's interest payments on its debt are well covered by EBIT.