China Shipbuilding Industry Balance Sheet Health
Financial Health criteria checks 4/6
China Shipbuilding Industry has a total shareholder equity of CN¥84.1B and total debt of CN¥24.9B, which brings its debt-to-equity ratio to 29.6%. Its total assets and total liabilities are CN¥197.8B and CN¥113.7B respectively.
Key information
29.6%
Debt to equity ratio
CN¥24.93b
Debt
Interest coverage ratio | n/a |
Cash | CN¥72.36b |
Equity | CN¥84.09b |
Total liabilities | CN¥113.70b |
Total assets | CN¥197.79b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 601989's short term assets (CN¥141.2B) exceed its short term liabilities (CN¥90.6B).
Long Term Liabilities: 601989's short term assets (CN¥141.2B) exceed its long term liabilities (CN¥23.1B).
Debt to Equity History and Analysis
Debt Level: 601989 has more cash than its total debt.
Reducing Debt: 601989's debt to equity ratio has increased from 28.3% to 29.6% over the past 5 years.
Debt Coverage: 601989's debt is well covered by operating cash flow (24.1%).
Interest Coverage: Insufficient data to determine if 601989's interest payments on its debt are well covered by EBIT.