Shenzhen Expressway Balance Sheet Health
Financial Health criteria checks 1/6
Shenzhen Expressway has a total shareholder equity of CN¥27.2B and total debt of CN¥31.5B, which brings its debt-to-equity ratio to 115.6%. Its total assets and total liabilities are CN¥65.9B and CN¥38.6B respectively. Shenzhen Expressway's EBIT is CN¥2.4B making its interest coverage ratio -4.1. It has cash and short-term investments of CN¥2.9B.
Key information
115.6%
Debt to equity ratio
CN¥31.49b
Debt
| Interest coverage ratio | -4.1x |
| Cash | CN¥2.92b |
| Equity | CN¥27.25b |
| Total liabilities | CN¥38.62b |
| Total assets | CN¥65.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHZN.Y's short term assets (CN¥7.4B) do not cover its short term liabilities (CN¥15.1B).
Long Term Liabilities: SHZN.Y's short term assets (CN¥7.4B) do not cover its long term liabilities (CN¥23.5B).
Debt to Equity History and Analysis
Debt Level: SHZN.Y's net debt to equity ratio (104.8%) is considered high.
Reducing Debt: SHZN.Y's debt to equity ratio has increased from 68.8% to 115.6% over the past 5 years.
Debt Coverage: SHZN.Y's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: SHZN.Y earns more interest than it pays, so coverage of interest payments is not a concern.