Shimao Services Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Shimao Services Holdings has a total shareholder equity of CN¥8.6B and total debt of CN¥299.9M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are CN¥14.2B and CN¥5.6B respectively. Shimao Services Holdings's EBIT is CN¥385.7M making its interest coverage ratio -12. It has cash and short-term investments of CN¥4.8B.
Key information
3.5%
Debt to equity ratio
CN¥299.94m
Debt
Interest coverage ratio | -12x |
Cash | CN¥4.79b |
Equity | CN¥8.65b |
Total liabilities | CN¥5.59b |
Total assets | CN¥14.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHMS.F's short term assets (CN¥9.2B) exceed its short term liabilities (CN¥5.2B).
Long Term Liabilities: SHMS.F's short term assets (CN¥9.2B) exceed its long term liabilities (CN¥350.2M).
Debt to Equity History and Analysis
Debt Level: SHMS.F has more cash than its total debt.
Reducing Debt: SHMS.F's debt to equity ratio has reduced from 44.4% to 3.5% over the past 5 years.
Debt Coverage: SHMS.F's debt is well covered by operating cash flow (343.5%).
Interest Coverage: SHMS.F earns more interest than it pays, so coverage of interest payments is not a concern.