Shanghai Lujiazui Finance & Trade Zone DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 2/6
Shanghai Lujiazui Finance & Trade Zone DevelopmentLtd has a total shareholder equity of CN¥48.0B and total debt of CN¥67.6B, which brings its debt-to-equity ratio to 141%. Its total assets and total liabilities are CN¥158.6B and CN¥110.6B respectively. Shanghai Lujiazui Finance & Trade Zone DevelopmentLtd's EBIT is CN¥3.9B making its interest coverage ratio 2.7. It has cash and short-term investments of CN¥10.6B.
Key information
141.0%
Debt to equity ratio
CN¥67.65b
Debt
| Interest coverage ratio | 2.7x |
| Cash | CN¥10.61b |
| Equity | CN¥47.99b |
| Total liabilities | CN¥110.61b |
| Total assets | CN¥158.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 900932's short term assets (CN¥83.3B) exceed its short term liabilities (CN¥74.7B).
Long Term Liabilities: 900932's short term assets (CN¥83.3B) exceed its long term liabilities (CN¥35.9B).
Debt to Equity History and Analysis
Debt Level: 900932's net debt to equity ratio (118.9%) is considered high.
Reducing Debt: 900932's debt to equity ratio has increased from 130.8% to 141% over the past 5 years.
Debt Coverage: 900932's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: 900932's interest payments on its debt are not well covered by EBIT (2.7x coverage).