CIG ShangHai Balance Sheet Health
Financial Health criteria checks 3/6
CIG ShangHai has a total shareholder equity of CN¥2.3B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 63.8%. Its total assets and total liabilities are CN¥5.2B and CN¥2.9B respectively. CIG ShangHai's EBIT is CN¥35.8M making its interest coverage ratio 0.9. It has cash and short-term investments of CN¥745.2M.
Key information
63.8%
Debt to equity ratio
CN¥1.48b
Debt
Interest coverage ratio | 0.9x |
Cash | CN¥745.22m |
Equity | CN¥2.32b |
Total liabilities | CN¥2.90b |
Total assets | CN¥5.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603083's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 603083's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥254.3M).
Debt to Equity History and Analysis
Debt Level: 603083's net debt to equity ratio (31.6%) is considered satisfactory.
Reducing Debt: 603083's debt to equity ratio has increased from 32.9% to 63.8% over the past 5 years.
Debt Coverage: 603083's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: 603083's interest payments on its debt are not well covered by EBIT (0.9x coverage).