Shenzhen Investment Holdings Bay Area Development Balance Sheet Health
Financial Health criteria checks 0/6
Shenzhen Investment Holdings Bay Area Development has a total shareholder equity of CN¥7.8B and total debt of CN¥4.1B, which brings its debt-to-equity ratio to 53%. Its total assets and total liabilities are CN¥12.7B and CN¥4.9B respectively. Shenzhen Investment Holdings Bay Area Development's EBIT is CN¥239.0M making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥912.9M.
Key information
53.0%
Debt to equity ratio
CN¥4.14b
Debt
Interest coverage ratio | 1.6x |
Cash | CN¥912.94m |
Equity | CN¥7.81b |
Total liabilities | CN¥4.86b |
Total assets | CN¥12.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 80737's short term assets (CN¥1.1B) do not cover its short term liabilities (CN¥2.4B).
Long Term Liabilities: 80737's short term assets (CN¥1.1B) do not cover its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: 80737's net debt to equity ratio (41.4%) is considered high.
Reducing Debt: 80737's debt to equity ratio has increased from 0% to 53% over the past 5 years.
Debt Coverage: 80737's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: 80737's interest payments on its debt are not well covered by EBIT (1.6x coverage).