China Cinda Asset Management Balance Sheet Health
Financial Health criteria checks 3/6
China Cinda Asset Management has a total shareholder equity of CN¥216.0B and total debt of CN¥941.2B, which brings its debt-to-equity ratio to 435.8%. Its total assets and total liabilities are CN¥1,594.0B and CN¥1,378.1B respectively.
Key information
435.8%
Debt to equity ratio
CN¥941.16b
Debt
Interest coverage ratio | n/a |
Cash | CN¥517.62b |
Equity | CN¥215.96b |
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¥1,132.3B) exceed its short term liabilities (CN¥888.3B).
Long Term Liabilities: 1359's short term assets (CN¥1,132.3B) exceed its long term liabilities (CN¥489.8B).
Debt to Equity History and Analysis
Debt Level: 1359's net debt to equity ratio (196.1%) is considered high.
Reducing Debt: 1359's debt to equity ratio has reduced from 488% to 435.8% over the past 5 years.
Debt Coverage: 1359's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: Insufficient data to determine if 1359's interest payments on its debt are well covered by EBIT.