Redsun Properties Group Balance Sheet Health
Financial Health criteria checks 4/6
Redsun Properties Group has a total shareholder equity of CN¥12.3B and total debt of CN¥21.5B, which brings its debt-to-equity ratio to 174.7%. Its total assets and total liabilities are CN¥67.2B and CN¥54.9B respectively.
Key information
174.7%
Debt to equity ratio
CN¥21.53b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.09b |
| Equity | CN¥12.33b |
| Total liabilities | CN¥54.86b |
| Total assets | CN¥67.19b |
Recent financial health updates
Is Redsun Properties Group (HKG:1996) Using Too Much Debt?
Sep 21
Here's Why Redsun Properties Group (HKG:1996) Is Weighed Down By Its Debt Load
Jun 07Redsun Properties Group (HKG:1996) Seems To Be Using A Lot Of Debt
Sep 10Is Redsun Properties Group (HKG:1996) Using Too Much Debt?
Apr 04Redsun Properties Group (HKG:1996) Seems To Be Using A Lot Of Debt
Apr 25Recent updates
Is Redsun Properties Group (HKG:1996) Using Too Much Debt?
Sep 21Here's Why Redsun Properties Group (HKG:1996) Is Weighed Down By Its Debt Load
Jun 07Is Redsun Properties Group Limited (HKG:1996) Trading At A 24% Discount?
Dec 08Redsun Properties Group (HKG:1996) Seems To Be Using A Lot Of Debt
Sep 10A Look At The Fair Value Of Redsun Properties Group Limited (HKG:1996)
May 25Is Redsun Properties Group (HKG:1996) Using Too Much Debt?
Apr 04Calculating The Intrinsic Value Of Redsun Properties Group Limited (HKG:1996)
Feb 15Calculating The Fair Value Of Redsun Properties Group Limited (HKG:1996)
Oct 27Estimating The Intrinsic Value Of Redsun Properties Group Limited (HKG:1996)
Jul 06Redsun Properties Group (HKG:1996) Seems To Be Using A Lot Of Debt
Apr 25Does This Valuation Of Redsun Properties Group Limited (HKG:1996) Imply Investors Are Overpaying?
Feb 14
Is Redsun Properties Group Limited's (HKG:1996) 4.7% Dividend Sustainable?
Dec 23Financial Position Analysis
Short Term Liabilities: 1996's short term assets (CN¥45.8B) do not cover its short term liabilities (CN¥48.4B).
Long Term Liabilities: 1996's short term assets (CN¥45.8B) exceed its long term liabilities (CN¥6.5B).
Debt to Equity History and Analysis
Debt Level: 1996's net debt to equity ratio (157.8%) is considered high.
Reducing Debt: 1996's debt to equity ratio has reduced from 188.9% to 174.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 1996 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 1996 has sufficient cash runway for 2 years if free cash flow continues to grow at historical rates of 43.3% each year.