China Vanke Balance Sheet Health
Financial Health criteria checks 4/6
China Vanke has a total shareholder equity of CN¥402.9B and total debt of CN¥321.7B, which brings its debt-to-equity ratio to 79.8%. Its total assets and total liabilities are CN¥1,504.9B and CN¥1,101.9B respectively. China Vanke's EBIT is CN¥30.0B making its interest coverage ratio 571.4. It has cash and short-term investments of CN¥97.0B.
Key information
79.8%
Debt to equity ratio
CN¥321.67b
Debt
Interest coverage ratio | 571.4x |
Cash | CN¥96.96b |
Equity | CN¥402.93b |
Total liabilities | CN¥1.10t |
Total assets | CN¥1.50t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2202's short term assets (CN¥1,150.3B) exceed its short term liabilities (CN¥821.8B).
Long Term Liabilities: 2202's short term assets (CN¥1,150.3B) exceed its long term liabilities (CN¥280.1B).
Debt to Equity History and Analysis
Debt Level: 2202's net debt to equity ratio (55.8%) is considered high.
Reducing Debt: 2202's debt to equity ratio has reduced from 111.4% to 79.8% over the past 5 years.
Debt Coverage: 2202's debt is not well covered by operating cash flow (1.2%).
Interest Coverage: 2202's interest payments on its debt are well covered by EBIT (571.4x coverage).