Shenzhen Investment Holdings Bay Area Development Balance Sheet Health
Financial Health criteria checks 1/6
Shenzhen Investment Holdings Bay Area Development has a total shareholder equity of CN¥7.7B and total debt of CN¥4.0B, which brings its debt-to-equity ratio to 52.3%. Its total assets and total liabilities are CN¥12.4B and CN¥4.7B respectively. Shenzhen Investment Holdings Bay Area Development's EBIT is CN¥228.3M making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥1.0B.
Key information
52.3%
Debt to equity ratio
CN¥4.03b
Debt
Interest coverage ratio | 1.5x |
Cash | CN¥1.01b |
Equity | CN¥7.70b |
Total liabilities | CN¥4.71b |
Total assets | CN¥12.41b |
Recent financial health updates
Shenzhen Investment Holdings Bay Area Development (HKG:737) Has A Somewhat Strained Balance Sheet
Jan 03Is Shenzhen Investment Holdings Bay Area Development (HKG:737) A Risky Investment?
Mar 21Recent updates
Returns At Shenzhen Investment Holdings Bay Area Development (HKG:737) Are On The Way Up
Mar 01Shenzhen Investment Holdings Bay Area Development (HKG:737) Has A Somewhat Strained Balance Sheet
Jan 03Is There Now An Opportunity In Shenzhen Investment Holdings Bay Area Development Company Limited (HKG:737)?
Aug 21Is Shenzhen Investment Holdings Bay Area Development (HKG:737) A Risky Investment?
Mar 21Financial Position Analysis
Short Term Liabilities: 737's short term assets (CN¥1.2B) do not cover its short term liabilities (CN¥2.3B).
Long Term Liabilities: 737's short term assets (CN¥1.2B) do not cover its long term liabilities (CN¥2.4B).
Debt to Equity History and Analysis
Debt Level: 737's net debt to equity ratio (39.3%) is considered satisfactory.
Reducing Debt: 737's debt to equity ratio has increased from 0% to 52.3% over the past 5 years.
Debt Coverage: 737's debt is not well covered by operating cash flow (11%).
Interest Coverage: 737's interest payments on its debt are not well covered by EBIT (1.5x coverage).