Redco Properties Group Financial Health

How is Redco Properties Group's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 1622's short term assets (CN¥77.1B) exceed its short term liabilities (CN¥55.4B).

Long Term Liabilities: 1622's short term assets (CN¥77.1B) exceed its long term liabilities (CN¥11.9B).


Debt to Equity History and Analysis

Debt Level: 1622's net debt to equity ratio (91.4%) is considered high.

Reducing Debt: 1622's debt to equity ratio has increased from 105.7% to 110% over the past 5 years.

Debt Coverage: 1622's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 1622 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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