Shang Properties Balance Sheet Health
Financial Health criteria checks 4/6
Shang Properties has a total shareholder equity of ₱53.3B and total debt of ₱15.1B, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are ₱83.3B and ₱30.0B respectively. Shang Properties's EBIT is ₱7.6B making its interest coverage ratio -35.2. It has cash and short-term investments of ₱2.6B.
Key information
28.3%
Debt to equity ratio
₱15.08b
Debt
| Interest coverage ratio | -35.2x |
| Cash | ₱2.58b |
| Equity | ₱53.31b |
| Total liabilities | ₱30.00b |
| Total assets | ₱83.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHNG's short term assets (₱23.5B) exceed its short term liabilities (₱21.7B).
Long Term Liabilities: SHNG's short term assets (₱23.5B) exceed its long term liabilities (₱8.3B).
Debt to Equity History and Analysis
Debt Level: SHNG's net debt to equity ratio (23.4%) is considered satisfactory.
Reducing Debt: SHNG's debt to equity ratio has increased from 14.3% to 28.3% over the past 5 years.
Debt Coverage: SHNG's debt is not well covered by operating cash flow (1.1%).
Interest Coverage: SHNG earns more interest than it pays, so coverage of interest payments is not a concern.