Shanghai International Airport Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai International Airport has a total shareholder equity of CN¥42.6B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are CN¥69.0B and CN¥26.4B respectively. Shanghai International Airport's EBIT is CN¥1.8B making its interest coverage ratio -5.1. It has cash and short-term investments of CN¥15.3B.
Key information
6.4%
Debt to equity ratio
CN¥2.71b
Debt
| Interest coverage ratio | -5.1x |
| Cash | CN¥15.33b |
| Equity | CN¥42.58b |
| Total liabilities | CN¥26.37b |
| Total assets | CN¥68.95b |
Recent financial health updates
Shanghai International Airport (SHSE:600009) Could Easily Take On More Debt
Jul 15
Shanghai International Airport (SHSE:600009) Has Debt But No Earnings; Should You Worry?
Feb 29Recent updates
Estimating The Intrinsic Value Of Shanghai International Airport Co., Ltd. (SHSE:600009)
Nov 18Here's What's Concerning About Shanghai International Airport's (SHSE:600009) Returns On Capital
Oct 17Impressive Earnings May Not Tell The Whole Story For Shanghai International Airport (SHSE:600009)
Aug 25Shanghai International Airport Co., Ltd.'s (SHSE:600009) Popularity With Investors Is Under Threat From Overpricing
Aug 01Shanghai International Airport (SHSE:600009) Could Easily Take On More Debt
Jul 15Calculating The Fair Value Of Shanghai International Airport Co., Ltd. (SHSE:600009)
Jun 09Shanghai International Airport Co., Ltd.'s (SHSE:600009) Popularity With Investors Is Clear
Apr 17Shanghai International Airport (SHSE:600009) Has Debt But No Earnings; Should You Worry?
Feb 29Financial Position Analysis
Short Term Liabilities: 600009's short term assets (CN¥18.3B) exceed its short term liabilities (CN¥9.2B).
Long Term Liabilities: 600009's short term assets (CN¥18.3B) exceed its long term liabilities (CN¥17.1B).
Debt to Equity History and Analysis
Debt Level: 600009 has more cash than its total debt.
Reducing Debt: 600009's debt to equity ratio has increased from 0% to 6.4% over the past 5 years.
Debt Coverage: 600009's debt is well covered by operating cash flow (214%).
Interest Coverage: 600009 earns more interest than it pays, so coverage of interest payments is not a concern.