Gemdale Properties and Investment Balance Sheet Health
Financial Health criteria checks 3/6
Gemdale Properties and Investment has a total shareholder equity of CN¥23.2B and total debt of CN¥21.2B, which brings its debt-to-equity ratio to 91.3%. Its total assets and total liabilities are CN¥85.9B and CN¥62.7B respectively. Gemdale Properties and Investment's EBIT is CN¥946.9M making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥1.8B.
Key information
91.3%
Debt to equity ratio
CN¥21.20b
Debt
| Interest coverage ratio | 1.2x |
| Cash | CN¥1.76b |
| Equity | CN¥23.21b |
| Total liabilities | CN¥62.70b |
| Total assets | CN¥85.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 535's short term assets (CN¥43.3B) exceed its short term liabilities (CN¥39.2B).
Long Term Liabilities: 535's short term assets (CN¥43.3B) exceed its long term liabilities (CN¥23.5B).
Debt to Equity History and Analysis
Debt Level: 535's net debt to equity ratio (83.8%) is considered high.
Reducing Debt: 535's debt to equity ratio has reduced from 104.2% to 91.3% over the past 5 years.
Debt Coverage: 535's debt is not well covered by operating cash flow (7%).
Interest Coverage: 535's interest payments on its debt are not well covered by EBIT (1.2x coverage).