Sinopec Shanghai Petrochemical Balance Sheet Health
Financial Health criteria checks 4/6
Sinopec Shanghai Petrochemical has a total shareholder equity of CN¥24.8B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are CN¥45.2B and CN¥20.4B respectively.
Key information
6.1%
Debt to equity ratio
CN¥1.51b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥15.38b |
| Equity | CN¥24.84b |
| Total liabilities | CN¥20.35b |
| Total assets | CN¥45.19b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600688's short term assets (CN¥24.4B) exceed its short term liabilities (CN¥20.2B).
Long Term Liabilities: 600688's short term assets (CN¥24.4B) exceed its long term liabilities (CN¥137.1M).
Debt to Equity History and Analysis
Debt Level: 600688 has more cash than its total debt.
Reducing Debt: 600688's debt to equity ratio has increased from 3.5% to 6.1% over the past 5 years.
Debt Coverage: 600688's debt is well covered by operating cash flow (804.9%).
Interest Coverage: Insufficient data to determine if 600688's interest payments on its debt are well covered by EBIT.