Shenglong Splendecor International Balance Sheet Health
Financial Health criteria checks 4/6
Shenglong Splendecor International has a total shareholder equity of CN¥255.5M and total debt of CN¥251.1M, which brings its debt-to-equity ratio to 98.3%. Its total assets and total liabilities are CN¥694.1M and CN¥438.5M respectively. Shenglong Splendecor International's EBIT is CN¥41.8M making its interest coverage ratio 4.3. It has cash and short-term investments of CN¥77.3M.
Key information
98.3%
Debt to equity ratio
CN¥251.10m
Debt
| Interest coverage ratio | 4.3x |
| Cash | CN¥77.35m |
| Equity | CN¥255.54m |
| Total liabilities | CN¥438.53m |
| Total assets | CN¥694.07m |
Recent financial health updates
Is Shenglong Splendecor International (HKG:8481) Using Too Much Debt?
Dec 17
Does Shenglong Splendecor International (HKG:8481) Have A Healthy Balance Sheet?
May 01These 4 Measures Indicate That Shenglong Splendecor International (HKG:8481) Is Using Debt Extensively
Dec 03Shenglong Splendecor International (HKG:8481) Seems To Be Using A Lot Of Debt
Aug 23Here's Why Shenglong Splendecor International (HKG:8481) Is Weighed Down By Its Debt Load
Apr 07Recent updates
A Piece Of The Puzzle Missing From Shenglong Splendecor International Limited's (HKG:8481) 34% Share Price Climb
Apr 11Returns Are Gaining Momentum At Shenglong Splendecor International (HKG:8481)
Jan 25The Market Lifts Shenglong Splendecor International Limited (HKG:8481) Shares 93% But It Can Do More
Dec 18Is Shenglong Splendecor International (HKG:8481) Using Too Much Debt?
Dec 17Shenglong Splendecor International (HKG:8481) Will Want To Turn Around Its Return Trends
Feb 01Be Wary Of Shenglong Splendecor International (HKG:8481) And Its Returns On Capital
Sep 23Shenglong Splendecor International (HKG:8481) Could Be Struggling To Allocate Capital
Jun 21Does Shenglong Splendecor International (HKG:8481) Have A Healthy Balance Sheet?
May 01There Are Reasons To Feel Uneasy About Shenglong Splendecor International's (HKG:8481) Returns On Capital
Mar 09These 4 Measures Indicate That Shenglong Splendecor International (HKG:8481) Is Using Debt Extensively
Dec 03Shenglong Splendecor International (HKG:8481) Is Reinvesting At Lower Rates Of Return
Sep 28Shenglong Splendecor International (HKG:8481) Seems To Be Using A Lot Of Debt
Aug 23Returns On Capital Signal Tricky Times Ahead For Shenglong Splendecor International (HKG:8481)
Jun 10Here's Why Shenglong Splendecor International (HKG:8481) Is Weighed Down By Its Debt Load
Apr 07Will Shenglong Splendecor International's (HKG:8481) Growth In ROCE Persist?
Mar 12Have Shenglong Splendecor International Limited (HKG:8481) Insiders Been Selling Their Stock?
Feb 04Yingming Sheng Is The CEO & Chairman of Shenglong Splendecor International Limited (HKG:8481) And They Just Picked Up 2.3% More Shares
Dec 30Why Shenglong Splendecor International's (HKG:8481) CEO Pay Matters
Dec 22Financial Position Analysis
Short Term Liabilities: 8481's short term assets (CN¥303.2M) exceed its short term liabilities (CN¥237.1M).
Long Term Liabilities: 8481's short term assets (CN¥303.2M) exceed its long term liabilities (CN¥201.5M).
Debt to Equity History and Analysis
Debt Level: 8481's net debt to equity ratio (68%) is considered high.
Reducing Debt: 8481's debt to equity ratio has increased from 64.2% to 98.3% over the past 5 years.
Debt Coverage: 8481's debt is well covered by operating cash flow (29.1%).
Interest Coverage: 8481's interest payments on its debt are well covered by EBIT (4.3x coverage).