Desun Real Estate Investment Services Group Balance Sheet Health
Financial Health criteria checks 5/6
Desun Real Estate Investment Services Group has a total shareholder equity of CN¥312.6M and total debt of CN¥10.0M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are CN¥845.3M and CN¥532.7M respectively. Desun Real Estate Investment Services Group's EBIT is CN¥45.6M making its interest coverage ratio 15.8. It has cash and short-term investments of CN¥215.4M.
Key information
3.2%
Debt to equity ratio
CN¥10.00m
Debt
Interest coverage ratio | 15.8x |
Cash | CN¥215.43m |
Equity | CN¥312.60m |
Total liabilities | CN¥532.68m |
Total assets | CN¥845.29m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2270's short term assets (CN¥442.1M) exceed its short term liabilities (CN¥259.3M).
Long Term Liabilities: 2270's short term assets (CN¥442.1M) exceed its long term liabilities (CN¥273.4M).
Debt to Equity History and Analysis
Debt Level: 2270 has more cash than its total debt.
Reducing Debt: 2270's debt to equity ratio has increased from 0% to 3.2% over the past 5 years.
Debt Coverage: 2270's debt is well covered by operating cash flow (434.3%).
Interest Coverage: 2270's interest payments on its debt are well covered by EBIT (15.8x coverage).