China Shipbuilding Industry Group Power Balance Sheet Health
Financial Health criteria checks 5/6
China Shipbuilding Industry Group Power has a total shareholder equity of CN¥49.0B and total debt of CN¥8.4B, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are CN¥105.3B and CN¥56.3B respectively. China Shipbuilding Industry Group Power's EBIT is CN¥1.3B making its interest coverage ratio -3.7. It has cash and short-term investments of CN¥34.1B.
Key information
17.1%
Debt to equity ratio
CN¥8.40b
Debt
| Interest coverage ratio | -3.7x |
| Cash | CN¥34.08b |
| Equity | CN¥49.03b |
| Total liabilities | CN¥56.26b |
| Total assets | CN¥105.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600482's short term assets (CN¥79.6B) exceed its short term liabilities (CN¥45.4B).
Long Term Liabilities: 600482's short term assets (CN¥79.6B) exceed its long term liabilities (CN¥10.9B).
Debt to Equity History and Analysis
Debt Level: 600482 has more cash than its total debt.
Reducing Debt: 600482's debt to equity ratio has increased from 9.7% to 17.1% over the past 5 years.
Debt Coverage: 600482's debt is well covered by operating cash flow (136.5%).
Interest Coverage: 600482 earns more interest than it pays, so coverage of interest payments is not a concern.