China Overseas Land & Investment Balance Sheet Health
Financial Health criteria checks 5/6
China Overseas Land & Investment has a total shareholder equity of CN¥392.9B and total debt of CN¥259.7B, which brings its debt-to-equity ratio to 66.1%. Its total assets and total liabilities are CN¥923.6B and CN¥530.7B respectively. China Overseas Land & Investment's EBIT is CN¥34.1B making its interest coverage ratio -23.9. It has cash and short-term investments of CN¥105.3B.
Key information
66.1%
Debt to equity ratio
CN¥259.66b
Debt
Interest coverage ratio | -23.9x |
Cash | CN¥105.34b |
Equity | CN¥392.91b |
Total liabilities | CN¥530.69b |
Total assets | CN¥923.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688's short term assets (CN¥654.7B) exceed its short term liabilities (CN¥285.7B).
Long Term Liabilities: 688's short term assets (CN¥654.7B) exceed its long term liabilities (CN¥245.0B).
Debt to Equity History and Analysis
Debt Level: 688's net debt to equity ratio (39.3%) is considered satisfactory.
Reducing Debt: 688's debt to equity ratio has reduced from 71% to 66.1% over the past 5 years.
Debt Coverage: 688's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: 688 earns more interest than it pays, so coverage of interest payments is not a concern.