Shanghai Zendai Property Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Zendai Property has a total shareholder equity of HK$1.2B and total debt of HK$1.9B, which brings its debt-to-equity ratio to 150.3%. Its total assets and total liabilities are HK$4.9B and HK$3.6B respectively. Shanghai Zendai Property's EBIT is HK$557.8M making its interest coverage ratio 3.9. It has cash and short-term investments of HK$131.8M.
Key information
150.3%
Debt to equity ratio
HK$1.88b
Debt
Interest coverage ratio | 3.9x |
Cash | HK$131.82m |
Equity | HK$1.25b |
Total liabilities | HK$3.64b |
Total assets | HK$4.89b |
Recent financial health updates
These 4 Measures Indicate That Shanghai Zendai Property (HKG:755) Is Using Debt In A Risky Way
Nov 01Is Shanghai Zendai Property (HKG:755) A Risky Investment?
Apr 05Recent updates
Shanghai Zendai Property Limited's (HKG:755) Business Is Yet to Catch Up With Its Share Price
Apr 02Shanghai Zendai Property (HKG:755) Shareholders Should Be Cautious Despite Solid Earnings
Oct 03These 4 Measures Indicate That Shanghai Zendai Property (HKG:755) Is Using Debt In A Risky Way
Nov 01Is Shanghai Zendai Property (HKG:755) A Risky Investment?
Apr 05If You Had Bought Shanghai Zendai Property's (HKG:755) Shares Five Years Ago You Would Be Down 69%
Dec 16Financial Position Analysis
Short Term Liabilities: 755's short term assets (HK$1.1B) do not cover its short term liabilities (HK$2.9B).
Long Term Liabilities: 755's short term assets (HK$1.1B) exceed its long term liabilities (HK$776.7M).
Debt to Equity History and Analysis
Debt Level: 755's net debt to equity ratio (139.7%) is considered high.
Reducing Debt: 755's debt to equity ratio has reduced from 270.4% to 150.3% over the past 5 years.
Debt Coverage: 755's debt is not well covered by operating cash flow (4.2%).
Interest Coverage: 755's interest payments on its debt are well covered by EBIT (3.9x coverage).