China Merchants Commercial Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 2/6
China Merchants Commercial Real Estate Investment Trust has a total shareholder equity of CN¥4.9B and total debt of CN¥4.1B, which brings its debt-to-equity ratio to 83.1%. Its total assets and total liabilities are CN¥10.4B and CN¥5.5B respectively. China Merchants Commercial Real Estate Investment Trust's EBIT is CN¥327.9M making its interest coverage ratio 2.7. It has cash and short-term investments of CN¥1.1B.
Key information
83.1%
Debt to equity ratio
CN¥4.05b
Debt
| Interest coverage ratio | 2.7x |
| Cash | CN¥1.08b |
| Equity | CN¥4.88b |
| Total liabilities | CN¥5.51b |
| Total assets | CN¥10.39b |
Recent financial health updates
No updates
Recent updates
What Type Of Shareholders Make Up China Merchants Commercial Real Estate Investment Trust's (HKG:1503) Share Registry?
Mar 20
China Merchants Commercial Real Estate Investment Trust's(HKG:1503) Share Price Is Down 24% Over The Past Year.
Jan 26
What Type Of Shareholders Own The Most Number of China Merchants Commercial Real Estate Investment Trust (HKG:1503) Shares?
Dec 04Financial Position Analysis
Short Term Liabilities: 1503's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥399.3M).
Long Term Liabilities: 1503's short term assets (CN¥1.1B) do not cover its long term liabilities (CN¥5.1B).
Debt to Equity History and Analysis
Debt Level: 1503's net debt to equity ratio (60.9%) is considered high.
Reducing Debt: 1503's debt to equity ratio has reduced from 156.6% to 83.1% over the past 5 years.
Debt Coverage: 1503's debt is not well covered by operating cash flow (4.8%).
Interest Coverage: 1503's interest payments on its debt are not well covered by EBIT (2.7x coverage).