Shanghai Dragon Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Dragon has a total shareholder equity of CN¥752.9M and total debt of CN¥373.2M, which brings its debt-to-equity ratio to 49.6%. Its total assets and total liabilities are CN¥1.7B and CN¥910.7M respectively. Shanghai Dragon's EBIT is CN¥61.1M making its interest coverage ratio 4.4. It has cash and short-term investments of CN¥435.2M.
Key information
49.6%
Debt to equity ratio
CN¥373.21m
Debt
Interest coverage ratio | 4.4x |
Cash | CN¥435.19m |
Equity | CN¥752.89m |
Total liabilities | CN¥910.68m |
Total assets | CN¥1.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600630's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥746.3M).
Long Term Liabilities: 600630's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥164.4M).
Debt to Equity History and Analysis
Debt Level: 600630 has more cash than its total debt.
Reducing Debt: 600630's debt to equity ratio has increased from 22.8% to 49.6% over the past 5 years.
Debt Coverage: 600630's debt is well covered by operating cash flow (41%).
Interest Coverage: 600630's interest payments on its debt are well covered by EBIT (4.4x coverage).