Shanghai Electric Group Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Electric Group has a total shareholder equity of CN¥77.2B and total debt of CN¥46.6B, which brings its debt-to-equity ratio to 60.4%. Its total assets and total liabilities are CN¥278.6B and CN¥201.4B respectively. Shanghai Electric Group's EBIT is CN¥1.8B making its interest coverage ratio -1.3. It has cash and short-term investments of CN¥41.6B.
Key information
60.4%
Debt to equity ratio
CN¥46.62b
Debt
Interest coverage ratio | -1.3x |
Cash | CN¥41.58b |
Equity | CN¥77.24b |
Total liabilities | CN¥201.41b |
Total assets | CN¥278.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: USR's short term assets (CN¥186.0B) exceed its short term liabilities (CN¥160.5B).
Long Term Liabilities: USR's short term assets (CN¥186.0B) exceed its long term liabilities (CN¥40.9B).
Debt to Equity History and Analysis
Debt Level: USR's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: USR's debt to equity ratio has increased from 51.2% to 60.4% over the past 5 years.
Debt Coverage: USR's debt is well covered by operating cash flow (21.7%).
Interest Coverage: USR earns more interest than it pays, so coverage of interest payments is not a concern.