Joy City Property Balance Sheet Health
Financial Health criteria checks 3/6
Joy City Property has a total shareholder equity of CN¥56.4B and total debt of CN¥45.0B, which brings its debt-to-equity ratio to 79.8%. Its total assets and total liabilities are CN¥143.6B and CN¥87.2B respectively. Joy City Property's EBIT is CN¥3.9B making its interest coverage ratio 3.4. It has cash and short-term investments of CN¥19.6B.
Key information
79.8%
Debt to equity ratio
CN¥45.04b
Debt
| Interest coverage ratio | 3.4x |
| Cash | CN¥19.56b |
| Equity | CN¥56.44b |
| Total liabilities | CN¥87.18b |
| Total assets | CN¥143.62b |
Recent financial health updates
Joy City Property (HKG:207) Takes On Some Risk With Its Use Of Debt
May 24
Is Joy City Property (HKG:207) A Risky Investment?
Nov 11Joy City Property (HKG:207) Seems To Be Using A Lot Of Debt
Apr 13Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Joy City Property (HKG:207)
Apr 30At HK$0.29, Is It Time To Put Joy City Property Limited (HKG:207) On Your Watch List?
Jul 31Joy City Property (HKG:207) Takes On Some Risk With Its Use Of Debt
May 24Is There Now An Opportunity In Joy City Property Limited (HKG:207)?
Feb 28Is Joy City Property (HKG:207) A Risky Investment?
Nov 11Joy City Property (HKG:207) Seems To Be Using A Lot Of Debt
Apr 13Is There Now An Opportunity In Joy City Property Limited (HKG:207)?
Jul 27Joy City Property's (HKG:207) Problems Go Beyond Weak Profit
Apr 29New Forecasts: Here's What Analysts Think The Future Holds For Joy City Property Limited (HKG:207)
Apr 01Little Excitement Around Joy City Property Limited's (HKG:207) Earnings
Mar 30Is There Now An Opportunity In Joy City Property Limited (HKG:207)?
Mar 04How Much Did Joy City Property's(HKG:207) Shareholders Earn From Share Price Movements Over The Last Three Years?
Jan 28
Financial Position Analysis
Short Term Liabilities: 207's short term assets (CN¥72.0B) exceed its short term liabilities (CN¥44.1B).
Long Term Liabilities: 207's short term assets (CN¥72.0B) exceed its long term liabilities (CN¥43.1B).
Debt to Equity History and Analysis
Debt Level: 207's net debt to equity ratio (45.1%) is considered high.
Reducing Debt: 207's debt to equity ratio has increased from 61.1% to 79.8% over the past 5 years.
Debt Coverage: 207's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: 207's interest payments on its debt are well covered by EBIT (3.4x coverage).