Shanghai Environment Group Balance Sheet Health
Financial Health criteria checks 2/6
Shanghai Environment Group has a total shareholder equity of CN¥12.8B and total debt of CN¥10.5B, which brings its debt-to-equity ratio to 81.6%. Its total assets and total liabilities are CN¥30.1B and CN¥17.3B respectively. Shanghai Environment Group's EBIT is CN¥1.1B making its interest coverage ratio 3.4. It has cash and short-term investments of CN¥1.1B.
Key information
81.6%
Debt to equity ratio
CN¥10.46b
Debt
Interest coverage ratio | 3.4x |
Cash | CN¥1.07b |
Equity | CN¥12.82b |
Total liabilities | CN¥17.25b |
Total assets | CN¥30.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601200's short term assets (CN¥6.5B) exceed its short term liabilities (CN¥6.4B).
Long Term Liabilities: 601200's short term assets (CN¥6.5B) do not cover its long term liabilities (CN¥10.8B).
Debt to Equity History and Analysis
Debt Level: 601200's net debt to equity ratio (73.2%) is considered high.
Reducing Debt: 601200's debt to equity ratio has increased from 64.9% to 81.6% over the past 5 years.
Debt Coverage: 601200's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: 601200's interest payments on its debt are well covered by EBIT (3.4x coverage).