Shandong Hi-Speed Holdings Group Balance Sheet Health
Financial Health criteria checks 4/6
Shandong Hi-Speed Holdings Group has a total shareholder equity of HK$27.0B and total debt of HK$45.5B, which brings its debt-to-equity ratio to 168.5%. Its total assets and total liabilities are HK$78.8B and HK$51.9B respectively. Shandong Hi-Speed Holdings Group's EBIT is HK$1.4B making its interest coverage ratio 0.7. It has cash and short-term investments of HK$15.6B.
Key information
168.5%
Debt to equity ratio
HK$45.47b
Debt
| Interest coverage ratio | 0.7x |
| Cash | HK$15.62b |
| Equity | HK$26.99b |
| Total liabilities | HK$51.85b |
| Total assets | HK$78.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HRI's short term assets (HK$33.8B) exceed its short term liabilities (HK$19.6B).
Long Term Liabilities: HRI's short term assets (HK$33.8B) exceed its long term liabilities (HK$32.2B).
Debt to Equity History and Analysis
Debt Level: HRI's net debt to equity ratio (110.6%) is considered high.
Reducing Debt: HRI's debt to equity ratio has increased from 136.8% to 168.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable HRI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HRI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 53.7% per year.