Ronshine China Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Ronshine China Holdings has a total shareholder equity of CN¥27.5B and total debt of CN¥42.2B, which brings its debt-to-equity ratio to 153.1%. Its total assets and total liabilities are CN¥176.3B and CN¥148.8B respectively.
Key information
153.1%
Debt to equity ratio
CN¥42.17b
Debt
Interest coverage ratio | n/a |
Cash | CN¥5.34b |
Equity | CN¥27.54b |
Total liabilities | CN¥148.75b |
Total assets | CN¥176.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3301's short term assets (CN¥155.2B) exceed its short term liabilities (CN¥137.6B).
Long Term Liabilities: 3301's short term assets (CN¥155.2B) exceed its long term liabilities (CN¥11.2B).
Debt to Equity History and Analysis
Debt Level: 3301's net debt to equity ratio (133.7%) is considered high.
Reducing Debt: 3301's debt to equity ratio has reduced from 201.4% to 153.1% over the past 5 years.
Debt Coverage: 3301's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 3301's interest payments on its debt are well covered by EBIT.