CCS Supply Chain Management Balance Sheet Health
Financial Health criteria checks 4/6
CCS Supply Chain Management has a total shareholder equity of CN¥8.0B and total debt of CN¥4.3B, which brings its debt-to-equity ratio to 53.4%. Its total assets and total liabilities are CN¥31.5B and CN¥23.5B respectively. CCS Supply Chain Management's EBIT is CN¥119.4M making its interest coverage ratio -0.4. It has cash and short-term investments of CN¥3.7B.
Key information
53.4%
Debt to equity ratio
CN¥4.30b
Debt
Interest coverage ratio | -0.4x |
Cash | CN¥3.70b |
Equity | CN¥8.05b |
Total liabilities | CN¥23.45b |
Total assets | CN¥31.50b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600180's short term assets (CN¥17.6B) do not cover its short term liabilities (CN¥22.9B).
Long Term Liabilities: 600180's short term assets (CN¥17.6B) exceed its long term liabilities (CN¥570.0M).
Debt to Equity History and Analysis
Debt Level: 600180's net debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: 600180's debt to equity ratio has reduced from 85.9% to 53.4% over the past 5 years.
Debt Coverage: 600180's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600180 earns more interest than it pays, so coverage of interest payments is not a concern.