China Cinda Asset Management Balance Sheet Health
Financial Health criteria checks 2/6
China Cinda Asset Management has a total shareholder equity of CN¥217.8B and total debt of CN¥891.4B, which brings its debt-to-equity ratio to 409.2%. Its total assets and total liabilities are CN¥1,583.8B and CN¥1,366.0B respectively.
Key information
409.2%
Debt to equity ratio
CN¥891.42b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥525.54b |
| Equity | CN¥217.83b |
| Total liabilities | CN¥1.37t |
| Total assets | CN¥1.58t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1359's short term assets (CN¥1,139.4B) exceed its short term liabilities (CN¥220.5B).
Long Term Liabilities: 1359's short term assets (CN¥1,139.4B) do not cover its long term liabilities (CN¥1,145.5B).
Debt to Equity History and Analysis
Debt Level: 1359's net debt to equity ratio (168%) is considered high.
Reducing Debt: 1359's debt to equity ratio has reduced from 470.9% to 409.2% over the past 5 years.
Debt Coverage: 1359's debt is not well covered by operating cash flow (3.7%).
Interest Coverage: Insufficient data to determine if 1359's interest payments on its debt are well covered by EBIT.