Shanghai International Port (Group) Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai International Port (Group) has a total shareholder equity of CN¥140.8B and total debt of CN¥48.6B, which brings its debt-to-equity ratio to 34.5%. Its total assets and total liabilities are CN¥206.3B and CN¥65.4B respectively. Shanghai International Port (Group)'s EBIT is CN¥10.0B making its interest coverage ratio -1.6. It has cash and short-term investments of CN¥36.4B.
Key information
34.5%
Debt to equity ratio
CN¥48.62b
Debt
Interest coverage ratio | -1.6x |
Cash | CN¥36.44b |
Equity | CN¥140.82b |
Total liabilities | CN¥65.44b |
Total assets | CN¥206.26b |
Recent financial health updates
Is Shanghai International Port (Group) (SHSE:600018) A Risky Investment?
Aug 12Shanghai International Port (Group) (SHSE:600018) Could Easily Take On More Debt
Apr 24Recent updates
Is Shanghai International Port (Group) (SHSE:600018) A Risky Investment?
Aug 12Shanghai International Port (Group) Co., Ltd.'s (SHSE:600018) Business And Shares Still Trailing The Market
Jul 21Shanghai International Port (Group) (SHSE:600018) Could Easily Take On More Debt
Apr 24Shanghai International Port (Group) Co., Ltd. Just Recorded A 5.0% Revenue Beat: Here's What Analysts Think
Apr 02Shanghai International Port (Group) Co., Ltd.'s (SHSE:600018) Prospects Need A Boost To Lift Shares
Feb 27Financial Position Analysis
Short Term Liabilities: 600018's short term assets (CN¥54.0B) exceed its short term liabilities (CN¥24.3B).
Long Term Liabilities: 600018's short term assets (CN¥54.0B) exceed its long term liabilities (CN¥41.2B).
Debt to Equity History and Analysis
Debt Level: 600018's net debt to equity ratio (8.6%) is considered satisfactory.
Reducing Debt: 600018's debt to equity ratio has reduced from 44.7% to 34.5% over the past 5 years.
Debt Coverage: 600018's debt is well covered by operating cash flow (25.7%).
Interest Coverage: 600018 earns more interest than it pays, so coverage of interest payments is not a concern.