Shanghai Waigaoqiao Free Trade Zone Group Balance Sheet Health
Financial Health criteria checks 2/6
Shanghai Waigaoqiao Free Trade Zone Group has a total shareholder equity of CN¥12.9B and total debt of CN¥22.1B, which brings its debt-to-equity ratio to 171.2%. Its total assets and total liabilities are CN¥45.4B and CN¥32.5B respectively. Shanghai Waigaoqiao Free Trade Zone Group's EBIT is CN¥1.3B making its interest coverage ratio 3. It has cash and short-term investments of CN¥5.1B.
Key information
171.2%
Debt to equity ratio
CN¥22.12b
Debt
| Interest coverage ratio | 3x |
| Cash | CN¥5.09b |
| Equity | CN¥12.92b |
| Total liabilities | CN¥32.49b |
| Total assets | CN¥45.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 900912's short term assets (CN¥20.6B) do not cover its short term liabilities (CN¥22.3B).
Long Term Liabilities: 900912's short term assets (CN¥20.6B) exceed its long term liabilities (CN¥10.2B).
Debt to Equity History and Analysis
Debt Level: 900912's net debt to equity ratio (131.8%) is considered high.
Reducing Debt: 900912's debt to equity ratio has increased from 105.3% to 171.2% over the past 5 years.
Debt Coverage: 900912's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 900912's interest payments on its debt are well covered by EBIT (3x coverage).