Shang Properties Balance Sheet Health
Financial Health criteria checks 3/6
Shang Properties has a total shareholder equity of ₱50.5B and total debt of ₱10.1B, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are ₱74.7B and ₱24.2B respectively. Shang Properties's EBIT is ₱7.1B making its interest coverage ratio -85.9. It has cash and short-term investments of ₱1.4B.
Key information
20.0%
Debt to equity ratio
₱10.12b
Debt
Interest coverage ratio | -85.9x |
Cash | ₱1.44b |
Equity | ₱50.49b |
Total liabilities | ₱24.16b |
Total assets | ₱74.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHNG's short term assets (₱16.2B) do not cover its short term liabilities (₱16.3B).
Long Term Liabilities: SHNG's short term assets (₱16.2B) exceed its long term liabilities (₱7.9B).
Debt to Equity History and Analysis
Debt Level: SHNG's net debt to equity ratio (17.2%) is considered satisfactory.
Reducing Debt: SHNG's debt to equity ratio has increased from 15.3% to 20% over the past 5 years.
Debt Coverage: SHNG's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: SHNG earns more interest than it pays, so coverage of interest payments is not a concern.