Shenzhen Expressway Balance Sheet Health
Financial Health criteria checks 1/6
Shenzhen Expressway has a total shareholder equity of CN¥27.7B and total debt of CN¥33.0B, which brings its debt-to-equity ratio to 118.9%. Its total assets and total liabilities are CN¥66.7B and CN¥39.0B respectively. Shenzhen Expressway's EBIT is CN¥2.2B making its interest coverage ratio -4. It has cash and short-term investments of CN¥3.2B.
Key information
118.9%
Debt to equity ratio
CN¥32.99b
Debt
| Interest coverage ratio | -4x |
| Cash | CN¥3.24b |
| Equity | CN¥27.75b |
| Total liabilities | CN¥38.96b |
| Total assets | CN¥66.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHZH's short term assets (CN¥8.0B) do not cover its short term liabilities (CN¥13.5B).
Long Term Liabilities: SHZH's short term assets (CN¥8.0B) do not cover its long term liabilities (CN¥25.5B).
Debt to Equity History and Analysis
Debt Level: SHZH's net debt to equity ratio (107.2%) is considered high.
Reducing Debt: SHZH's debt to equity ratio has increased from 70.6% to 118.9% over the past 5 years.
Debt Coverage: SHZH's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: SHZH earns more interest than it pays, so coverage of interest payments is not a concern.