Shanghai Industrial Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Industrial Holdings has a total shareholder equity of HK$77.5B and total debt of HK$58.7B, which brings its debt-to-equity ratio to 75.7%. Its total assets and total liabilities are HK$179.3B and HK$101.9B respectively. Shanghai Industrial Holdings's EBIT is HK$9.9B making its interest coverage ratio 6. It has cash and short-term investments of HK$27.9B.
Key information
75.7%
Debt to equity ratio
HK$58.66b
Debt
Interest coverage ratio | 6x |
Cash | HK$27.85b |
Equity | HK$77.46b |
Total liabilities | HK$101.85b |
Total assets | HK$179.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SGHI.Y's short term assets (HK$75.2B) exceed its short term liabilities (HK$47.4B).
Long Term Liabilities: SGHI.Y's short term assets (HK$75.2B) exceed its long term liabilities (HK$54.4B).
Debt to Equity History and Analysis
Debt Level: SGHI.Y's net debt to equity ratio (39.8%) is considered satisfactory.
Reducing Debt: SGHI.Y's debt to equity ratio has increased from 74.4% to 75.7% over the past 5 years.
Debt Coverage: SGHI.Y's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: SGHI.Y's interest payments on its debt are well covered by EBIT (6x coverage).