Redsun Properties Group Balance Sheet Health
Financial Health criteria checks 2/6
Redsun Properties Group has a total shareholder equity of CN¥14.8B and total debt of CN¥21.4B, which brings its debt-to-equity ratio to 144.7%. Its total assets and total liabilities are CN¥74.9B and CN¥60.1B respectively.
Key information
144.7%
Debt to equity ratio
CN¥21.44b
Debt
Interest coverage ratio | n/a |
Cash | CN¥2.87b |
Equity | CN¥14.82b |
Total liabilities | CN¥60.08b |
Total assets | CN¥74.91b |
Recent financial health 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 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 14Is Redsun Properties Group Limited's (HKG:1996) 4.7% Dividend Sustainable?
Dec 23Financial Position Analysis
Short Term Liabilities: 1996's short term assets (CN¥52.2B) do not cover its short term liabilities (CN¥53.2B).
Long Term Liabilities: 1996's short term assets (CN¥52.2B) exceed its long term liabilities (CN¥6.9B).
Debt to Equity History and Analysis
Debt Level: 1996's net debt to equity ratio (125.3%) is considered high.
Reducing Debt: 1996's debt to equity ratio has reduced from 165% to 144.7% 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: Insufficient data to determine if 1996 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 1996 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.