Shanghai Mechanical & Electrical IndustryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Mechanical & Electrical IndustryLtd has a total shareholder equity of CN¥16.1B and total debt of CN¥10.2M, which brings its debt-to-equity ratio to 0.06%. Its total assets and total liabilities are CN¥36.9B and CN¥20.8B respectively. Shanghai Mechanical & Electrical IndustryLtd's EBIT is CN¥782.3M making its interest coverage ratio -1.3. It has cash and short-term investments of CN¥14.3B.
Key information
0.06%
Debt to equity ratio
CN¥10.25m
Debt
| Interest coverage ratio | -1.3x |
| Cash | CN¥14.28b |
| Equity | CN¥16.14b |
| Total liabilities | CN¥20.81b |
| Total assets | CN¥36.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 900925's short term assets (CN¥30.5B) exceed its short term liabilities (CN¥20.5B).
Long Term Liabilities: 900925's short term assets (CN¥30.5B) exceed its long term liabilities (CN¥360.7M).
Debt to Equity History and Analysis
Debt Level: 900925 has more cash than its total debt.
Reducing Debt: 900925's debt to equity ratio has reduced from 0.3% to 0.06% over the past 5 years.
Debt Coverage: 900925's debt is well covered by operating cash flow (9656.8%).
Interest Coverage: 900925 earns more interest than it pays, so coverage of interest payments is not a concern.