Midea Real Estate Holding Balance Sheet Health
Financial Health criteria checks 4/6
Midea Real Estate Holding has a total shareholder equity of CN¥47.1B and total debt of CN¥37.1B, which brings its debt-to-equity ratio to 78.7%. Its total assets and total liabilities are CN¥179.0B and CN¥131.8B respectively. Midea Real Estate Holding's EBIT is CN¥2.6B making its interest coverage ratio -31.8. It has cash and short-term investments of CN¥15.6B.
Key information
78.7%
Debt to equity ratio
CN¥37.11b
Debt
| Interest coverage ratio | -31.8x |
| Cash | CN¥15.55b |
| Equity | CN¥47.15b |
| Total liabilities | CN¥131.85b |
| Total assets | CN¥179.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3990's short term assets (CN¥138.7B) exceed its short term liabilities (CN¥103.4B).
Long Term Liabilities: 3990's short term assets (CN¥138.7B) exceed its long term liabilities (CN¥28.4B).
Debt to Equity History and Analysis
Debt Level: 3990's net debt to equity ratio (45.7%) is considered high.
Reducing Debt: 3990's debt to equity ratio has reduced from 196.5% to 78.7% over the past 5 years.
Debt Coverage: 3990's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3990 earns more interest than it pays, so coverage of interest payments is not a concern.