China Overseas Land & Investment Balance Sheet Health
Financial Health criteria checks 5/6
China Overseas Land & Investment has a total shareholder equity of CN¥401.1B and total debt of CN¥255.6B, which brings its debt-to-equity ratio to 63.7%. Its total assets and total liabilities are CN¥912.9B and CN¥511.9B respectively. China Overseas Land & Investment's EBIT is CN¥32.4B making its interest coverage ratio -31.8. It has cash and short-term investments of CN¥100.0B.
Key information
63.7%
Debt to equity ratio
CN¥255.57b
Debt
| Interest coverage ratio | -31.8x |
| Cash | CN¥100.02b |
| Equity | CN¥401.09b |
| Total liabilities | CN¥511.86b |
| Total assets | CN¥912.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAOV.Y's short term assets (CN¥643.6B) exceed its short term liabilities (CN¥267.5B).
Long Term Liabilities: CAOV.Y's short term assets (CN¥643.6B) exceed its long term liabilities (CN¥244.4B).
Debt to Equity History and Analysis
Debt Level: CAOV.Y's net debt to equity ratio (38.8%) is considered satisfactory.
Reducing Debt: CAOV.Y's debt to equity ratio has reduced from 70% to 63.7% over the past 5 years.
Debt Coverage: CAOV.Y's debt is not well covered by operating cash flow (2%).
Interest Coverage: CAOV.Y earns more interest than it pays, so coverage of interest payments is not a concern.