Shenzhen Investment Balance Sheet Health
Financial Health criteria checks 2/6
Shenzhen Investment has a total shareholder equity of HK$45.1B and total debt of HK$65.9B, which brings its debt-to-equity ratio to 146%. Its total assets and total liabilities are HK$173.1B and HK$128.0B respectively. Shenzhen Investment's EBIT is HK$1.9B making its interest coverage ratio 2.1. It has cash and short-term investments of HK$7.7B.
Key information
146.0%
Debt to equity ratio
HK$65.90b
Debt
| Interest coverage ratio | 2.1x |
| Cash | HK$7.67b |
| Equity | HK$45.12b |
| Total liabilities | HK$127.95b |
| Total assets | HK$173.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 604's short term assets (HK$116.2B) exceed its short term liabilities (HK$97.1B).
Long Term Liabilities: 604's short term assets (HK$116.2B) exceed its long term liabilities (HK$30.9B).
Debt to Equity History and Analysis
Debt Level: 604's net debt to equity ratio (129%) is considered high.
Reducing Debt: 604's debt to equity ratio has increased from 65.1% to 146% over the past 5 years.
Debt Coverage: 604's debt is not well covered by operating cash flow (3.1%).
Interest Coverage: 604's interest payments on its debt are not well covered by EBIT (2.1x coverage).