China Cinda Asset Management Balance Sheet Health
Financial Health criteria checks 3/6
China Cinda Asset Management has a total shareholder equity of CN¥217.2B and total debt of CN¥928.0B, which brings its debt-to-equity ratio to 427.3%. Its total assets and total liabilities are CN¥1,594.4B and CN¥1,377.2B respectively.
Key information
427.3%
Debt to equity ratio
CN¥928.01b
Debt
Interest coverage ratio | n/a |
Cash | CN¥542.79b |
Equity | CN¥217.16b |
Total liabilities | CN¥1.38t |
Total assets | CN¥1.59t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1359's short term assets (CN¥1,135.5B) exceed its short term liabilities (CN¥543.1B).
Long Term Liabilities: 1359's short term assets (CN¥1,135.5B) exceed its long term liabilities (CN¥834.1B).
Debt to Equity History and Analysis
Debt Level: 1359's net debt to equity ratio (177.4%) is considered high.
Reducing Debt: 1359's debt to equity ratio has reduced from 497.6% to 427.3% over the past 5 years.
Debt Coverage: 1359's debt is not well covered by operating cash flow (1.7%).
Interest Coverage: Insufficient data to determine if 1359's interest payments on its debt are well covered by EBIT.