People's Insurance Company (Group) of China Balance Sheet Health
Financial Health criteria checks 5/6
People's Insurance Company (Group) of China has a total shareholder equity of CN¥330.2B and total debt of CN¥118.6B, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are CN¥1,492.7B and CN¥1,162.5B respectively. People's Insurance Company (Group) of China's EBIT is CN¥32.2B making its interest coverage ratio 5.1. It has cash and short-term investments of CN¥400.3B.
Key information
35.9%
Debt to equity ratio
CN¥118.61b
Debt
Interest coverage ratio | 5.1x |
Cash | CN¥400.26b |
Equity | CN¥330.22b |
Total liabilities | CN¥1.16t |
Total assets | CN¥1.49t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PINX.F's short term assets (CN¥446.2B) exceed its short term liabilities (CN¥84.0B).
Long Term Liabilities: PINX.F's short term assets (CN¥446.2B) do not cover its long term liabilities (CN¥1,078.4B).
Debt to Equity History and Analysis
Debt Level: PINX.F has more cash than its total debt.
Reducing Debt: PINX.F's debt to equity ratio has reduced from 59.4% to 35.9% over the past 5 years.
Debt Coverage: PINX.F's debt is well covered by operating cash flow (69.2%).
Interest Coverage: PINX.F's interest payments on its debt are well covered by EBIT (5.1x coverage).