China Jinmao Holdings Group Balance Sheet Health
Financial Health criteria checks 2/6
China Jinmao Holdings Group has a total shareholder equity of CN¥109.8B and total debt of CN¥134.0B, which brings its debt-to-equity ratio to 122%. Its total assets and total liabilities are CN¥407.1B and CN¥297.3B respectively. China Jinmao Holdings Group's EBIT is CN¥2.2B making its interest coverage ratio 2.5. It has cash and short-term investments of CN¥30.9B.
Key information
122.0%
Debt to equity ratio
CN¥133.99b
Debt
Interest coverage ratio | 2.5x |
Cash | CN¥30.92b |
Equity | CN¥109.84b |
Total liabilities | CN¥297.28b |
Total assets | CN¥407.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 817's short term assets (CN¥187.2B) exceed its short term liabilities (CN¥176.1B).
Long Term Liabilities: 817's short term assets (CN¥187.2B) exceed its long term liabilities (CN¥121.2B).
Debt to Equity History and Analysis
Debt Level: 817's net debt to equity ratio (93.8%) is considered high.
Reducing Debt: 817's debt to equity ratio has increased from 112.5% to 122% over the past 5 years.
Debt Coverage: 817's debt is not well covered by operating cash flow (2.3%).
Interest Coverage: 817's interest payments on its debt are not well covered by EBIT (2.5x coverage).