Hui Xian Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 2/6
Hui Xian Real Estate Investment Trust has a total shareholder equity of CN¥22.2B and total debt of CN¥6.6B, which brings its debt-to-equity ratio to 29.7%. Its total assets and total liabilities are CN¥36.3B and CN¥14.1B respectively. Hui Xian Real Estate Investment Trust's EBIT is CN¥1.1B making its interest coverage ratio 2.7. It has cash and short-term investments of CN¥3.5B.
Key information
29.7%
Debt to equity ratio
CN¥6.60b
Debt
Interest coverage ratio | 2.7x |
Cash | CN¥3.47b |
Equity | CN¥22.21b |
Total liabilities | CN¥14.05b |
Total assets | CN¥36.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 87001's short term assets (CN¥3.6B) do not cover its short term liabilities (CN¥4.6B).
Long Term Liabilities: 87001's short term assets (CN¥3.6B) do not cover its long term liabilities (CN¥9.4B).
Debt to Equity History and Analysis
Debt Level: 87001's net debt to equity ratio (14.1%) is considered satisfactory.
Reducing Debt: 87001's debt to equity ratio has reduced from 37.2% to 29.7% over the past 5 years.
Debt Coverage: 87001's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: 87001's interest payments on its debt are not well covered by EBIT (2.7x coverage).