China Evergrande Group Balance Sheet Health
Financial Health criteria checks 0/6
China Evergrande Group has a total shareholder equity of CN¥-644.2B and total debt of CN¥624.8B, which brings its debt-to-equity ratio to -97%. Its total assets and total liabilities are CN¥1,744.0B and CN¥2,388.2B respectively. China Evergrande Group's EBIT is CN¥3.0B making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥8.0B.
Key information
-97.0%
Debt to equity ratio
CN¥624.77b
Debt
| Interest coverage ratio | 0.2x |
| Cash | CN¥7.99b |
| Equity | -CN¥644.20b |
| Total liabilities | CN¥2.39t |
| Total assets | CN¥1.74t |
Recent financial health updates
Recent updates
Perils of Hypergrowth - The Rise and Fall of Evergrande
Sep 23
Why China Evergrande Group (HKG:3333) Could Be Worth Watching
Jul 28Is China Evergrande Group (HKG:3333) An Attractive Dividend Stock?
Apr 30China Evergrande Group (HKG:3333) Has No Shortage Of Debt
Apr 12Is Now The Time To Look At Buying China Evergrande Group (HKG:3333)?
Feb 28How Much Of China Evergrande Group (HKG:3333) Do Insiders Own?
Feb 04Shareholders Of China Evergrande Group (HKG:3333) Must Be Happy With Their 279% Total Return
Jan 14
Read This Before Buying China Evergrande Group (HKG:3333) Shares
Dec 27China Evergrande Group (HKG:3333) Delivered A Weaker ROE Than Its Industry
Dec 13What Does China Evergrande Group's (HKG:3333) Share Price Indicate?
Nov 29Financial Position Analysis
Short Term Liabilities: 3333 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 3333 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 3333 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 3333's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 3333 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 3333 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.