Shineroad International Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Shineroad International Holdings has a total shareholder equity of CN¥462.8M and total debt of CN¥44.7M, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are CN¥593.7M and CN¥130.8M respectively. Shineroad International Holdings's EBIT is CN¥27.4M making its interest coverage ratio -21.8. It has cash and short-term investments of CN¥161.1M.
Key information
9.7%
Debt to equity ratio
CN¥44.71m
Debt
| Interest coverage ratio | -21.8x |
| Cash | CN¥161.06m |
| Equity | CN¥462.81m |
| Total liabilities | CN¥130.85m |
| Total assets | CN¥593.65m |
Recent financial health updates
Recent updates
Some Confidence Is Lacking In Shineroad International Holdings Limited (HKG:1587) As Shares Slide 31%
Apr 23
Shineroad International Holdings (HKG:1587) Is Due To Pay A Dividend Of CN¥0.015
Mar 29The Returns On Capital At Shineroad International Holdings (HKG:1587) Don't Inspire Confidence
Dec 04Shineroad International Holdings' (HKG:1587) Returns On Capital Not Reflecting Well On The Business
Dec 23Estimating The Intrinsic Value Of Shineroad International Holdings Limited (HKG:1587)
Jun 13Here's Why I Think Shineroad International Holdings (HKG:1587) Is An Interesting Stock
Mar 15Shineroad International Holdings (HKG:1587) Might Be Having Difficulty Using Its Capital Effectively
Jan 04Shineroad International Holdings (HKG:1587) Seems To Use Debt Rather Sparingly
Sep 11Here's Why I Think Shineroad International Holdings (HKG:1587) Might Deserve Your Attention Today
Aug 16There Are Reasons To Feel Uneasy About Shineroad International Holdings' (HKG:1587) Returns On Capital
Jun 12How Does Shineroad International Holdings Limited (HKG:1587) Fare As A Dividend Stock?
Apr 18Here's What To Make Of Shineroad International Holdings' (HKG:1587) Returns On Capital
Mar 14Has Shineroad International Holdings (HKG:1587) Got What It Takes To Become A Multi-Bagger?
Nov 29Financial Position Analysis
Short Term Liabilities: 1587's short term assets (CN¥333.0M) exceed its short term liabilities (CN¥102.7M).
Long Term Liabilities: 1587's short term assets (CN¥333.0M) exceed its long term liabilities (CN¥28.1M).
Debt to Equity History and Analysis
Debt Level: 1587 has more cash than its total debt.
Reducing Debt: 1587's debt to equity ratio has increased from 0% to 9.7% over the past 5 years.
Debt Coverage: 1587's debt is well covered by operating cash flow (114%).
Interest Coverage: 1587 earns more interest than it pays, so coverage of interest payments is not a concern.