Powerlong Real Estate Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Powerlong Real Estate Holdings has a total shareholder equity of CN¥55.3B and total debt of CN¥58.8B, which brings its debt-to-equity ratio to 106.3%. Its total assets and total liabilities are CN¥214.8B and CN¥159.5B respectively. Powerlong Real Estate Holdings's EBIT is CN¥174.8M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥7.9B.
Key information
106.3%
Debt to equity ratio
CN¥58.82b
Debt
| Interest coverage ratio | 0.2x |
| Cash | CN¥7.85b |
| Equity | CN¥55.32b |
| Total liabilities | CN¥159.49b |
| Total assets | CN¥214.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1238's short term assets (CN¥116.5B) do not cover its short term liabilities (CN¥120.0B).
Long Term Liabilities: 1238's short term assets (CN¥116.5B) exceed its long term liabilities (CN¥39.5B).
Debt to Equity History and Analysis
Debt Level: 1238's net debt to equity ratio (92.1%) is considered high.
Reducing Debt: 1238's debt to equity ratio has reduced from 149.7% to 106.3% over the past 5 years.
Debt Coverage: 1238's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: 1238's interest payments on its debt are not well covered by EBIT (0.2x coverage).