Shimao Group Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Shimao Group Holdings has a total shareholder equity of CN¥51.3B and total debt of CN¥270.1B, which brings its debt-to-equity ratio to 527%. Its total assets and total liabilities are CN¥543.3B and CN¥492.0B respectively.
Key information
527.0%
Debt to equity ratio
CN¥270.11b
Debt
Interest coverage ratio | n/a |
Cash | CN¥15.19b |
Equity | CN¥51.25b |
Total liabilities | CN¥492.00b |
Total assets | CN¥543.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 813's short term assets (CN¥427.7B) exceed its short term liabilities (CN¥419.9B).
Long Term Liabilities: 813's short term assets (CN¥427.7B) exceed its long term liabilities (CN¥72.1B).
Debt to Equity History and Analysis
Debt Level: 813's net debt to equity ratio (497.4%) is considered high.
Reducing Debt: 813's debt to equity ratio has increased from 120.2% to 527% over the past 5 years.
Debt Coverage: 813's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 813's interest payments on its debt are well covered by EBIT.