Shanghai Lujiazui Finance & Trade Zone DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Lujiazui Finance & Trade Zone DevelopmentLtd has a total shareholder equity of CN¥47.4B and total debt of CN¥67.7B, which brings its debt-to-equity ratio to 142.7%. Its total assets and total liabilities are CN¥155.5B and CN¥108.1B respectively. Shanghai Lujiazui Finance & Trade Zone DevelopmentLtd's EBIT is CN¥3.9B making its interest coverage ratio 3.2. It has cash and short-term investments of CN¥8.3B.
Key information
142.7%
Debt to equity ratio
CN¥67.70b
Debt
Interest coverage ratio | 3.2x |
Cash | CN¥8.30b |
Equity | CN¥47.45b |
Total liabilities | CN¥108.07b |
Total assets | CN¥155.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 900932's short term assets (CN¥80.2B) exceed its short term liabilities (CN¥75.3B).
Long Term Liabilities: 900932's short term assets (CN¥80.2B) exceed its long term liabilities (CN¥32.8B).
Debt to Equity History and Analysis
Debt Level: 900932's net debt to equity ratio (125.2%) is considered high.
Reducing Debt: 900932's debt to equity ratio has increased from 129.9% to 142.7% over the past 5 years.
Debt Coverage: 900932's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: 900932's interest payments on its debt are well covered by EBIT (3.2x coverage).