China Pacific Insurance (Group) Balance Sheet Health
Financial Health criteria checks 5/6
China Pacific Insurance (Group) has a total shareholder equity of CN¥248.9B and total debt of CN¥87.7B, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are CN¥2,202.8B and CN¥1,953.9B respectively. China Pacific Insurance (Group)'s EBIT is CN¥30.8B making its interest coverage ratio 4. It has cash and short-term investments of CN¥548.6B.
Key information
35.2%
Debt to equity ratio
CN¥87.69b
Debt
Interest coverage ratio | 4x |
Cash | CN¥548.57b |
Equity | CN¥248.92b |
Total liabilities | CN¥1.95t |
Total assets | CN¥2.20t |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHPX.F's short term assets (CN¥600.6B) exceed its short term liabilities (CN¥96.0B).
Long Term Liabilities: CHPX.F's short term assets (CN¥600.6B) do not cover its long term liabilities (CN¥1,857.9B).
Debt to Equity History and Analysis
Debt Level: CHPX.F has more cash than its total debt.
Reducing Debt: CHPX.F's debt to equity ratio has reduced from 59.9% to 35.2% over the past 5 years.
Debt Coverage: CHPX.F's debt is well covered by operating cash flow (164.5%).
Interest Coverage: CHPX.F's interest payments on its debt are well covered by EBIT (4x coverage).