Shanghai Industrial Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Industrial Holdings has a total shareholder equity of HK$76.4B and total debt of HK$60.2B, which brings its debt-to-equity ratio to 78.8%. Its total assets and total liabilities are HK$174.9B and HK$98.5B respectively. Shanghai Industrial Holdings's EBIT is HK$9.2B making its interest coverage ratio 6.3. It has cash and short-term investments of HK$27.1B.
Key information
78.8%
Debt to equity ratio
HK$60.16b
Debt
| Interest coverage ratio | 6.3x |
| Cash | HK$27.09b |
| Equity | HK$76.38b |
| Total liabilities | HK$98.50b |
| Total assets | HK$174.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SGI's short term assets (HK$73.1B) exceed its short term liabilities (HK$41.9B).
Long Term Liabilities: SGI's short term assets (HK$73.1B) exceed its long term liabilities (HK$56.6B).
Debt to Equity History and Analysis
Debt Level: SGI's net debt to equity ratio (43.3%) is considered high.
Reducing Debt: SGI's debt to equity ratio has reduced from 80.2% to 78.8% over the past 5 years.
Debt Coverage: SGI's debt is not well covered by operating cash flow (2.8%).
Interest Coverage: SGI's interest payments on its debt are well covered by EBIT (6.3x coverage).