Shenzhen Expressway Balance Sheet Health
Financial Health criteria checks 1/6
Shenzhen Expressway has a total shareholder equity of CN¥26.7B and total debt of CN¥34.0B, which brings its debt-to-equity ratio to 127.2%. Its total assets and total liabilities are CN¥68.2B and CN¥41.4B respectively. Shenzhen Expressway's EBIT is CN¥2.3B making its interest coverage ratio -5.6. It has cash and short-term investments of CN¥4.6B.
Key information
127.2%
Debt to equity ratio
CN¥34.00b
Debt
Interest coverage ratio | -5.6x |
Cash | CN¥4.58b |
Equity | CN¥26.74b |
Total liabilities | CN¥41.43b |
Total assets | CN¥68.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHZN.F's short term assets (CN¥8.8B) do not cover its short term liabilities (CN¥23.4B).
Long Term Liabilities: SHZN.F's short term assets (CN¥8.8B) do not cover its long term liabilities (CN¥18.1B).
Debt to Equity History and Analysis
Debt Level: SHZN.F's net debt to equity ratio (110%) is considered high.
Reducing Debt: SHZN.F's debt to equity ratio has increased from 97.2% to 127.2% over the past 5 years.
Debt Coverage: SHZN.F's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: SHZN.F earns more interest than it pays, so coverage of interest payments is not a concern.