Redco Properties Group Balance Sheet Health
Financial Health criteria checks 1/6
Redco Properties Group has a total shareholder equity of CN¥2.1B and total debt of CN¥15.8B, which brings its debt-to-equity ratio to 745.6%. Its total assets and total liabilities are CN¥48.9B and CN¥46.8B respectively.
Key information
745.6%
Debt to equity ratio
CN¥15.79b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥243.05m |
| Equity | CN¥2.12b |
| Total liabilities | CN¥46.76b |
| Total assets | CN¥48.88b |
Recent financial health updates
Redco Properties Group (HKG:1622) Takes On Some Risk With Its Use Of Debt
May 03
Redco Properties Group (HKG:1622) Seems To Be Using A Lot Of Debt
Dec 13Is Redco Properties Group (HKG:1622) Using Too Much Debt?
Sep 06We Think Redco Properties Group (HKG:1622) Is Taking Some Risk With Its Debt
Mar 31Is Redco Properties Group (HKG:1622) Using Too Much Debt?
Dec 10Recent updates
A Look At The Fair Value Of Redco Properties Group Limited (HKG:1622)
Jun 28Redco Properties Group (HKG:1622) Takes On Some Risk With Its Use Of Debt
May 03Redco Properties Group (HKG:1622) Seems To Be Using A Lot Of Debt
Dec 13Is Redco Properties Group (HKG:1622) Using Too Much Debt?
Sep 06Shareholders Will Probably Not Have Any Issues With Redco Properties Group Limited's (HKG:1622) CEO Compensation
Jun 19We Think Redco Properties Group (HKG:1622) Is Taking Some Risk With Its Debt
Mar 31Redco Properties Group's (HKG:1622) Stock Price Has Reduced 21% In The Past Year
Mar 13What To Know Before Buying Redco Properties Group Limited (HKG:1622) For Its Dividend
Feb 20
Can Redco Properties Group Limited's (HKG:1622) ROE Continue To Surpass The Industry Average?
Jan 31What Type Of Shareholders Own The Most Number of Redco Properties Group Limited (HKG:1622) Shares?
Jan 10Redco Properties Group's (HKG:1622) Earnings Are Growing But Is There More To The Story?
Dec 23Is Redco Properties Group (HKG:1622) Using Too Much Debt?
Dec 10If You Had Bought Redco Properties Group's (HKG:1622) Shares A Year Ago You Would Be Down 26%
Nov 27Financial Position Analysis
Short Term Liabilities: 1622's short term assets (CN¥45.0B) do not cover its short term liabilities (CN¥45.3B).
Long Term Liabilities: 1622's short term assets (CN¥45.0B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 1622's net debt to equity ratio (734.1%) is considered high.
Reducing Debt: 1622's debt to equity ratio has increased from 197.1% to 745.6% over the past 5 years.
Debt Coverage: 1622's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1622's interest payments on its debt are well covered by EBIT.