Shanghai Geoharbour Construction Group Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Geoharbour Construction Group has a total shareholder equity of CN¥1.8B and total debt of CN¥4.9M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥2.2B and CN¥377.7M respectively. Shanghai Geoharbour Construction Group's EBIT is CN¥220.8M making its interest coverage ratio -17.5. It has cash and short-term investments of CN¥900.4M.
Key information
0.3%
Debt to equity ratio
CN¥4.93m
Debt
Interest coverage ratio | -17.5x |
Cash | CN¥900.41m |
Equity | CN¥1.79b |
Total liabilities | CN¥377.70m |
Total assets | CN¥2.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 605598's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥343.8M).
Long Term Liabilities: 605598's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥33.9M).
Debt to Equity History and Analysis
Debt Level: 605598 has more cash than its total debt.
Reducing Debt: 605598's debt to equity ratio has reduced from 5.8% to 0.3% over the past 5 years.
Debt Coverage: 605598's debt is well covered by operating cash flow (1882.4%).
Interest Coverage: 605598 earns more interest than it pays, so coverage of interest payments is not a concern.