China Resources Land Balance Sheet Health
Financial Health criteria checks 4/6
China Resources Land has a total shareholder equity of CN¥341.7B and total debt of CN¥284.7B, which brings its debt-to-equity ratio to 83.3%. Its total assets and total liabilities are CN¥1,081.3B and CN¥739.6B respectively. China Resources Land's EBIT is CN¥43.0B making its interest coverage ratio -57.8. It has cash and short-term investments of CN¥96.6B.
Key information
83.3%
Debt to equity ratio
CN¥284.72b
Debt
| Interest coverage ratio | -57.8x |
| Cash | CN¥96.61b |
| Equity | CN¥341.71b |
| Total liabilities | CN¥739.62b |
| Total assets | CN¥1.08t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1109 N's short term assets (CN¥713.3B) exceed its short term liabilities (CN¥527.3B).
Long Term Liabilities: 1109 N's short term assets (CN¥713.3B) exceed its long term liabilities (CN¥212.4B).
Debt to Equity History and Analysis
Debt Level: 1109 N's net debt to equity ratio (55%) is considered high.
Reducing Debt: 1109 N's debt to equity ratio has reduced from 83.7% to 83.3% over the past 5 years.
Debt Coverage: 1109 N's debt is not well covered by operating cash flow (0.4%).
Interest Coverage: 1109 N earns more interest than it pays, so coverage of interest payments is not a concern.