Eternal Asia Supply Chain Management Balance Sheet Health
Financial Health criteria checks 3/6
Eternal Asia Supply Chain Management has a total shareholder equity of CN¥10.5B and total debt of CN¥23.9B, which brings its debt-to-equity ratio to 226.9%. Its total assets and total liabilities are CN¥51.4B and CN¥40.9B respectively. Eternal Asia Supply Chain Management's EBIT is CN¥1.0B making its interest coverage ratio 1.1. It has cash and short-term investments of CN¥9.2B.
Key information
226.9%
Debt to equity ratio
CN¥23.85b
Debt
| Interest coverage ratio | 1.1x |
| Cash | CN¥9.22b |
| Equity | CN¥10.51b |
| Total liabilities | CN¥40.91b |
| Total assets | CN¥51.42b |
Recent financial health updates
Recent updates
Eternal Asia Supply Chain Management's (SZSE:002183) Weak Earnings May Only Reveal A Part Of The Whole Picture
Aug 26
Eternal Asia Supply Chain Management's (SZSE:002183) Dividend Will Be Reduced To CN¥0.012
Jun 24Unpleasant Surprises Could Be In Store For Eternal Asia Supply Chain Management Ltd.'s (SZSE:002183) Shares
May 25Eternal Asia Supply Chain Management (SZSE:002183) Use Of Debt Could Be Considered Risky
Mar 01Financial Position Analysis
Short Term Liabilities: 002183's short term assets (CN¥39.9B) exceed its short term liabilities (CN¥37.8B).
Long Term Liabilities: 002183's short term assets (CN¥39.9B) exceed its long term liabilities (CN¥3.1B).
Debt to Equity History and Analysis
Debt Level: 002183's net debt to equity ratio (139.2%) is considered high.
Reducing Debt: 002183's debt to equity ratio has reduced from 278.6% to 226.9% over the past 5 years.
Debt Coverage: 002183's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002183's interest payments on its debt are not well covered by EBIT (1.1x coverage).