CNFinance Holdings Balance Sheet Health
Financial Health criteria checks 3/6
CNFinance Holdings has a total shareholder equity of CN¥4.0B and total debt of CN¥8.9B, which brings its debt-to-equity ratio to 222.2%. Its total assets and total liabilities are CN¥16.3B and CN¥12.3B respectively.
Key information
222.2%
Debt to equity ratio
CN¥8.91b
Debt
Interest coverage ratio | n/a |
Cash | CN¥2.00b |
Equity | CN¥4.01b |
Total liabilities | CN¥12.34b |
Total assets | CN¥16.35b |
Recent financial health updates
No updates
Recent updates
Sentiment Still Eluding CNFinance Holdings Limited (NYSE:CNF)
Apr 12Why Investors Shouldn't Be Surprised By CNFinance Holdings Limited's (NYSE:CNF) Low P/E
May 12CNFinance GAAP EPS of $0.04, Total interest and fees income of $61.3M
Aug 24How Many CNFinance Holdings Limited (NYSE:CNF) Shares Do Institutions Own?
Dec 10CNFinance reports Q3 results
Nov 23Financial Position Analysis
Short Term Liabilities: CNF's short term assets (CN¥13.7B) exceed its short term liabilities (CN¥893.3M).
Long Term Liabilities: CNF's short term assets (CN¥13.7B) exceed its long term liabilities (CN¥11.4B).
Debt to Equity History and Analysis
Debt Level: CNF's net debt to equity ratio (172.3%) is considered high.
Reducing Debt: CNF's debt to equity ratio has reduced from 503.2% to 222.2% over the past 5 years.
Debt Coverage: CNF's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: Insufficient data to determine if CNF's interest payments on its debt are well covered by EBIT.