Sunac China Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Sunac China Holdings has a total shareholder equity of CN¥66.3B and total debt of CN¥277.4B, which brings its debt-to-equity ratio to 418.7%. Its total assets and total liabilities are CN¥962.0B and CN¥895.7B respectively. Sunac China Holdings's EBIT is CN¥14.4B making its interest coverage ratio 1.9. It has cash and short-term investments of CN¥7.1B.
Key information
418.7%
Debt to equity ratio
CN¥277.43b
Debt
| Interest coverage ratio | 1.9x |
| Cash | CN¥7.09b |
| Equity | CN¥66.26b |
| Total liabilities | CN¥895.71b |
| Total assets | CN¥961.97b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: SNCN.Q's short term assets (CN¥747.4B) do not cover its short term liabilities (CN¥796.7B).
Long Term Liabilities: SNCN.Q's short term assets (CN¥747.4B) exceed its long term liabilities (CN¥99.0B).
Debt to Equity History and Analysis
Debt Level: SNCN.Q's net debt to equity ratio (408%) is considered high.
Reducing Debt: SNCN.Q's debt to equity ratio has increased from 379% to 418.7% over the past 5 years.
Debt Coverage: SNCN.Q's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SNCN.Q's interest payments on its debt are not well covered by EBIT (1.9x coverage).