Shanghai Tunnel Engineering Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Tunnel Engineering has a total shareholder equity of CN¥35.7B and total debt of CN¥35.6B, which brings its debt-to-equity ratio to 99.8%. Its total assets and total liabilities are CN¥161.9B and CN¥126.3B respectively. Shanghai Tunnel Engineering's EBIT is CN¥2.4B making its interest coverage ratio -1.8. It has cash and short-term investments of CN¥21.8B.
Key information
99.8%
Debt to equity ratio
CN¥35.60b
Debt
Interest coverage ratio | -1.8x |
Cash | CN¥21.82b |
Equity | CN¥35.65b |
Total liabilities | CN¥126.26b |
Total assets | CN¥161.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600820's short term assets (CN¥87.1B) do not cover its short term liabilities (CN¥96.2B).
Long Term Liabilities: 600820's short term assets (CN¥87.1B) exceed its long term liabilities (CN¥30.1B).
Debt to Equity History and Analysis
Debt Level: 600820's net debt to equity ratio (38.6%) is considered satisfactory.
Reducing Debt: 600820's debt to equity ratio has increased from 83.8% to 99.8% over the past 5 years.
Debt Coverage: 600820's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: 600820 earns more interest than it pays, so coverage of interest payments is not a concern.