Shanghai Environment Group Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Environment Group has a total shareholder equity of CN¥13.1B and total debt of CN¥9.6B, which brings its debt-to-equity ratio to 73.5%. Its total assets and total liabilities are CN¥29.6B and CN¥16.5B respectively. Shanghai Environment Group's EBIT is CN¥1.2B making its interest coverage ratio 3.9. It has cash and short-term investments of CN¥879.8M.
Key information
73.5%
Debt to equity ratio
CN¥9.65b
Debt
| Interest coverage ratio | 3.9x |
| Cash | CN¥879.81m |
| Equity | CN¥13.12b |
| Total liabilities | CN¥16.45b |
| Total assets | CN¥29.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601200's short term assets (CN¥6.3B) exceed its short term liabilities (CN¥5.5B).
Long Term Liabilities: 601200's short term assets (CN¥6.3B) do not cover its long term liabilities (CN¥11.0B).
Debt to Equity History and Analysis
Debt Level: 601200's net debt to equity ratio (66.8%) is considered high.
Reducing Debt: 601200's debt to equity ratio has reduced from 75.7% to 73.5% over the past 5 years.
Debt Coverage: 601200's debt is not well covered by operating cash flow (16%).
Interest Coverage: 601200's interest payments on its debt are well covered by EBIT (3.9x coverage).