Shanghai Material Trading Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Material Trading has a total shareholder equity of CN¥1.2B and total debt of CN¥145.2M, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are CN¥2.9B and CN¥1.7B respectively. Shanghai Material Trading's EBIT is CN¥5.7M making its interest coverage ratio -0.3. It has cash and short-term investments of CN¥1.1B.
Key information
11.9%
Debt to equity ratio
CN¥145.17m
Debt
| Interest coverage ratio | -0.3x |
| Cash | CN¥1.15b |
| Equity | CN¥1.22b |
| Total liabilities | CN¥1.71b |
| Total assets | CN¥2.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 900927's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 900927's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥234.6M).
Debt to Equity History and Analysis
Debt Level: 900927 has more cash than its total debt.
Reducing Debt: 900927's debt to equity ratio has reduced from 25.2% to 11.9% over the past 5 years.
Debt Coverage: 900927's debt is well covered by operating cash flow (251.4%).
Interest Coverage: 900927 earns more interest than it pays, so coverage of interest payments is not a concern.