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Sinopec Shanghai Petrochemical Balance Sheet Health
Financial Health criteria checks 3/6
Key information
10.1%
Debt to equity ratio
CN¥2.77b
Debt
Interest coverage ratio | n/a |
Cash | CN¥10.10b |
Equity | CN¥27.39b |
Total liabilities | CN¥17.30b |
Total assets | CN¥44.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHI's short term assets (CN¥20.4B) exceed its short term liabilities (CN¥16.4B).
Long Term Liabilities: SHI's short term assets (CN¥20.4B) exceed its long term liabilities (CN¥867.2M).
Debt to Equity History and Analysis
Debt Level: SHI has more cash than its total debt.
Reducing Debt: SHI's debt to equity ratio has increased from 2.3% to 10.1% over the past 5 years.
Debt Coverage: SHI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SHI's interest payments on its debt are well covered by EBIT.