Shanghai Jin Jiang International Hotels Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Jin Jiang International Hotels has a total shareholder equity of CN¥17.6B and total debt of CN¥15.6B, which brings its debt-to-equity ratio to 88.2%. Its total assets and total liabilities are CN¥50.4B and CN¥32.8B respectively. Shanghai Jin Jiang International Hotels's EBIT is CN¥2.0B making its interest coverage ratio 4.2. It has cash and short-term investments of CN¥10.9B.
Key information
88.2%
Debt to equity ratio
CN¥15.55b
Debt
| Interest coverage ratio | 4.2x |
| Cash | CN¥10.88b |
| Equity | CN¥17.63b |
| Total liabilities | CN¥32.82b |
| Total assets | CN¥50.45b |
Recent financial health updates
Recent updates
Is Shanghai Jin Jiang International Hotels (SHSE:600754) Using Too Much Debt?
Jun 22
Impressive Earnings May Not Tell The Whole Story For Shanghai Jin Jiang International Hotels (SHSE:600754)
May 06Investors Don't See Light At End Of Shanghai Jin Jiang International Hotels Co., Ltd.'s (SHSE:600754) Tunnel
Apr 20Shanghai Jin Jiang International Hotels Co., Ltd. (SHSE:600754) Annual Results: Here's What Analysts Are Forecasting For This Year
Apr 03When Should You Buy Shanghai Jin Jiang International Hotels Co., Ltd. (SHSE:600754)?
Mar 26Financial Position Analysis
Short Term Liabilities: 600754's short term assets (CN¥14.1B) do not cover its short term liabilities (CN¥15.7B).
Long Term Liabilities: 600754's short term assets (CN¥14.1B) do not cover its long term liabilities (CN¥17.1B).
Debt to Equity History and Analysis
Debt Level: 600754's net debt to equity ratio (26.5%) is considered satisfactory.
Reducing Debt: 600754's debt to equity ratio has reduced from 118.1% to 88.2% over the past 5 years.
Debt Coverage: 600754's debt is well covered by operating cash flow (30.8%).
Interest Coverage: 600754's interest payments on its debt are well covered by EBIT (4.2x coverage).