Shanghai Lingang HoldingsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Lingang HoldingsLtd has a total shareholder equity of CN¥32.8B and total debt of CN¥32.9B, which brings its debt-to-equity ratio to 100.4%. Its total assets and total liabilities are CN¥88.4B and CN¥55.6B respectively. Shanghai Lingang HoldingsLtd's EBIT is CN¥2.3B making its interest coverage ratio 4.4. It has cash and short-term investments of CN¥7.4B.
Key information
100.4%
Debt to equity ratio
CN¥32.89b
Debt
| Interest coverage ratio | 4.4x |
| Cash | CN¥7.40b |
| Equity | CN¥32.76b |
| Total liabilities | CN¥55.60b |
| Total assets | CN¥88.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 900928's short term assets (CN¥52.4B) exceed its short term liabilities (CN¥28.6B).
Long Term Liabilities: 900928's short term assets (CN¥52.4B) exceed its long term liabilities (CN¥27.0B).
Debt to Equity History and Analysis
Debt Level: 900928's net debt to equity ratio (77.8%) is considered high.
Reducing Debt: 900928's debt to equity ratio has reduced from 116.6% to 100.4% 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 (4.4x coverage).