Sinopec Shanghai Petrochemical Balance Sheet Health
Financial Health criteria checks 3/6
Sinopec Shanghai Petrochemical has a total shareholder equity of CN¥25.0B and total debt of CN¥5.2B, which brings its debt-to-equity ratio to 20.9%. Its total assets and total liabilities are CN¥39.5B and CN¥14.6B respectively.
Key information
20.9%
Debt to equity ratio
CN¥5.21b
Debt
Interest coverage ratio | n/a |
Cash | CN¥8.65b |
Equity | CN¥24.98b |
Total liabilities | CN¥14.56b |
Total assets | CN¥39.54b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600688's short term assets (CN¥18.5B) exceed its short term liabilities (CN¥14.4B).
Long Term Liabilities: 600688's short term assets (CN¥18.5B) exceed its long term liabilities (CN¥141.3M).
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 4.6% to 20.9% over the past 5 years.
Debt Coverage: 600688's debt is not well covered by operating cash flow (2.3%).
Interest Coverage: Insufficient data to determine if 600688's interest payments on its debt are well covered by EBIT.