Shanghai Zhangjiang Hi-Tech Park Development Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Zhangjiang Hi-Tech Park Development has a total shareholder equity of CN¥16.0B and total debt of CN¥25.5B, which brings its debt-to-equity ratio to 159.4%. Its total assets and total liabilities are CN¥51.0B and CN¥35.0B respectively. Shanghai Zhangjiang Hi-Tech Park Development's EBIT is CN¥939.6M making its interest coverage ratio 3.7. It has cash and short-term investments of CN¥3.9B.
Key information
159.4%
Debt to equity ratio
CN¥25.53b
Debt
| Interest coverage ratio | 3.7x |
| Cash | CN¥3.94b |
| Equity | CN¥16.01b |
| Total liabilities | CN¥34.99b |
| Total assets | CN¥51.00b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600895's short term assets (CN¥21.7B) exceed its short term liabilities (CN¥15.8B).
Long Term Liabilities: 600895's short term assets (CN¥21.7B) exceed its long term liabilities (CN¥19.2B).
Debt to Equity History and Analysis
Debt Level: 600895's net debt to equity ratio (134.8%) is considered high.
Reducing Debt: 600895's debt to equity ratio has increased from 83.7% to 159.4% over the past 5 years.
Debt Coverage: 600895's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600895's interest payments on its debt are well covered by EBIT (3.7x coverage).