Shanghai Lingang HoldingsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Lingang HoldingsLtd has a total shareholder equity of CN¥32.0B and total debt of CN¥25.9B, which brings its debt-to-equity ratio to 80.9%. Its total assets and total liabilities are CN¥81.0B and CN¥49.0B respectively. Shanghai Lingang HoldingsLtd's EBIT is CN¥2.3B making its interest coverage ratio 6.1. It has cash and short-term investments of CN¥7.2B.
Key information
80.9%
Debt to equity ratio
CN¥25.87b
Debt
Interest coverage ratio | 6.1x |
Cash | CN¥7.15b |
Equity | CN¥31.98b |
Total liabilities | CN¥49.04b |
Total assets | CN¥81.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 900928's short term assets (CN¥49.6B) exceed its short term liabilities (CN¥28.4B).
Long Term Liabilities: 900928's short term assets (CN¥49.6B) exceed its long term liabilities (CN¥20.6B).
Debt to Equity History and Analysis
Debt Level: 900928's net debt to equity ratio (58.5%) is considered high.
Reducing Debt: 900928's debt to equity ratio has increased from 73.8% to 80.9% over the past 5 years.
Debt Coverage: 900928's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 900928's interest payments on its debt are well covered by EBIT (6.1x coverage).