Gemdale Properties and Investment Balance Sheet Health
Financial Health criteria checks 2/6
Gemdale Properties and Investment has a total shareholder equity of CN¥26.3B and total debt of CN¥22.8B, which brings its debt-to-equity ratio to 86.5%. Its total assets and total liabilities are CN¥91.1B and CN¥64.8B respectively. Gemdale Properties and Investment's EBIT is CN¥1.4B making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥2.5B.
Key information
86.5%
Debt to equity ratio
CN¥22.79b
Debt
Interest coverage ratio | 1.7x |
Cash | CN¥2.45b |
Equity | CN¥26.35b |
Total liabilities | CN¥64.75b |
Total assets | CN¥91.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 535's short term assets (CN¥46.3B) exceed its short term liabilities (CN¥39.8B).
Long Term Liabilities: 535's short term assets (CN¥46.3B) exceed its long term liabilities (CN¥24.9B).
Debt to Equity History and Analysis
Debt Level: 535's net debt to equity ratio (77.2%) is considered high.
Reducing Debt: 535's debt to equity ratio has increased from 43.7% to 86.5% over the past 5 years.
Debt Coverage: 535's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: 535's interest payments on its debt are not well covered by EBIT (1.7x coverage).